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    Historic Church Building with Bell Tower Title is generated by Realmo AI

    394 VT Route 15, Jericho, VT 05465

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    For Sale
    $399,000

    MULTI_FAMILY - Greek Revival, Ranch - Jericho, VT

    Type:Single Family Residence
    Property size:
    2,820 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $141/SF
    Added:
    Apr 17, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 3 at 11:06 pm

    Property Features for 394 VT Route 15

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    Mixed Use
    Bedrooms
    1
    Bathrooms
    2
    Rooms
    Bedroom 1, Bathroom 1, Bathroom 2, Basement
    Parking features
    Off Street, Driveway, Paved or Surfaced
    Exterior features
    Building, Full Fence, Garden Space, Natural Shade, Outbuilding, Storage
    Fencing
    Fenced
    Appliances
    Owned Water Heater, Water Heater
    Standard status
    Active
    Size
    2,820 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7653

    Utilities

    Utilities
    Cable Available
    Heating system
    Baseboard, Forced Air, Oil
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Carpet, Combination, Laminate, Hardwood
    Building materials
    Wood Frame, Wood Exterior, Wood Siding
    Roof type
    Metal, Slate
    Architectural style
    Ranch, Greek Revival
    Additional Structures
    Storage, Outbuilding

    We can help!

    Listing Contact
    idENTITY real estate group

    Listing agent idENTITY real estate group

    Listing office KW Vermont 68 Randall St., South Burlington, VT

    Listing date Apr 17, 2026

    MLS# 5084208 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Historic 1920s Jericho property originally a church with Greek Revival‑inspired design elements
    • 4,401 sq. ft. total space across two distinct buildings, with 2,820 sq. ft. finished
    • Architectural features include cathedral ceilings, original stained glass, and a bell tower
    • 0.34‑acre lot with frontage on VT Route 15 and ample off‑street parking for 6+ vehicles
    • Slate and metal roofing, wood frame construction with wood siding
    • Public water and cable available; heating includes oil heat with forced air and baseboard

    Overview

    This historic church property includes a main building with cathedral ceilings, original stained glass, and a classic bell tower. The improvements feature hardwood flooring and slate roofing, and the site also includes a secondary building designed to support a different style of use. Total space is reported as 4,401 square feet across two distinct buildings, with 2,820 square feet classified as finished space.

    Set on 0.34 acres, the property is positioned with high-visibility frontage on VT Route 15 in Jericho. Ample off-street parking is available for 6+ vehicles, supporting day-to-day access for occupants and guests.

    Under Mixed Use zoning, the offering is well suited for buyers looking for a flexible campus that can accommodate more than one operating concept. The main church building’s architectural character and interior features can serve as a focal point for gatherings, while the secondary building can support an alternate program such as guest accommodations, an artist’s studio, or professional co-working space. The combination of historic detail, two-building layout, and practical parking makes it a workable option for owner-operators and investors seeking a distinctive property to shape for their own vision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Restaurant Law Firm Hair Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Hotel & Motel Kitchen & Bath Showroom Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jericho
    County
    Chittenden
    State
    Vermont
    Longitude
    -72.945143
    Latitude
    44.524515

    Nearby Similar for Sale

    • $399,000

      Iconic Jericho Mixed-Use Landmark

      High-visibility commercial property with mixed-use zoning in Jericho, Vermont.
      394 VT Route 15, Jericho, VT 05465
      View Details
    • $475,000

      Established Restaurant Property For Sale

      Long-standing local iconic restaurant property on 1.23 acres.
      47 VT-15, Jericho, VT
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - Historic church property with stained glass and cathedral ceilings, plus additional building and off-street parking.
    Where is this church & religious facility located?
    The property is located at 394 VT Route 15 Jericho, VT.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Historic 1920s Jericho property originally a church with Greek Revival‑inspired design elements; 4,401 sq. ft. total space across two distinct buildings, with 2,820 sq. ft. finished; Architectural features include cathedral ceilings, original stained glass, and a bell tower
    (802) 654-8500
    We can help!
    Listing Contact
    idENTITY real estate group
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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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