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    Turn-Key Commercial Condo in Woodstock Title is generated by Realmo AI

    217041BN Maxham Meadow Way 1BN, Wood Stock, VT 05091

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    For Sale
    $299,000

    Flexible commercial condo in Woodstock's Mill Building with modern amenities.

    Type:Commercial
    Added:
    May 11, 2026
    Days on Market:
    19
    Last Refresh:
    May 11 at 10:05 am

    Property Features for 217041BN Maxham Meadow Way 1BN

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1986

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    Listing Contact
    John Wetmore

    Listing agent John Wetmore

    Listing office Wetmore Real Estate

    Listing date May 11, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Wetmore Real Estate

    HighLights

    • Turn‑key commercial condominium with flexible open floor plan suitable for retail, office, or childcare.
    • Convenient Woodstock location in the well‑known Mill Building.
    • Includes a complete kitchen/break area with stainless steel refrigerator, dishwasher, microwave, sink, and washer/dryer.
    • Features two half bathrooms, a storage loft, and a ten‑foot high garage‑style door.
    • Benefits from municipal water and sewer connections, plus extensive free parking.
    • Located near the Ottauquechee River Trail, providing scenic access to Woodstock Village.

    Overview

    This flexible commercial condominium, situated in a convenient Woodstock location within the well-known commercial landmark "The Mill," offers a turn-key opportunity. Recently utilized as a child care center, the open floor plan allows for easy transition into a stylish retail space or a contemporary office. The unit features a 39'x24' open interior space, complemented by a ten-foot high ceiling, clean hard flooring, and a mini-split system for heating and cooling. A ten-foot high garage-style door adds to the unit's versatility. The space includes two separate half bathrooms, two water fountains and a practical kitchen/break area equipped with a full-size stainless steel refrigerator, kitchen sink, dishwasher, microwave oven, and a full-size washer and dryer. A storage loft provides additional space. The commercial condominium benefits from connection to the municipal sewer and Woodstock Aqueduct municipal water, along with extensive free parking on a paved lot. The recently completed Ottauquechee River Trail passes nearby, offering a scenic walking path to Woodstock Village along the river and through East End Park. The unit's infrastructure is designed for easy adaptation to a new enterprise.
    Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • The Mill School — 217-4 Maxham Meadow Way, Woodstock, VT 05091
    • Woodstock Christian Child Care — 36 Elm St, Woodstock, VT 05091

    Location Insight

    • Map
    • Local Demand
    City
    Wood Stock
    County
    Windsor
    State
    Vermont
    Longitude
    -72.5085995
    Latitude
    43.6277135

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    FAQs

    What type of property is this?
    Day care center - Flexible commercial condo in Woodstock's Mill Building with modern amenities.
    Where is this day care center located?
    The property is located at 217041BN Maxham Meadow Way 1BN Wood Stock, VT.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Turn‑key commercial condominium with flexible open floor plan suitable for retail, office, or childcare.; Convenient Woodstock location in the well‑known Mill Building.; Includes a complete kitchen/break area with stainless steel refrigerator, dishwasher, microwave, sink, and washer/dryer.
    (802) 457-1515
    We can help!
    Listing Contact
    John Wetmore
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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