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Historic Office Building with Elevator

5 Court St, Middlebury, VT 05753

For Sale
$995,000
Pending

Three-floor office building with elevator and sprinkler system in downtown Middlebury.

Property Size8,553 SF
Days on Market147

Property Features for 5 Court St

General Information

Standard status Pending
Size 8,553 SF
Property subtype Commercial

Additional Details

Sprinkler System Yes

Building Details

Building Size 8,553 SF
Year Built 1880
Stories 3
Units 3
Listing Agency: IPJ Real Estate
Listed By: Sarah Peluso
Source: Elliman
Added: Jun 21 Changed: Nov 13 Last Checked: Nov 12 at 9:17AM

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 IPJ Real Estate

Rey
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Investment Insights

Based on property information with market context.

This historic office building occupies a structure originally built in 1883 as a replacement courthouse and is currently used for office space. Many original architectural details remain intact, and the building’s design features a mix of materials including stone, brick, wood, slate, and glazing. The property offers three floors of office space plus a full basement with substantial storage and the building’s mechanicals. An elevator is included, and the building is fully updated for fire safety, with a sprinkler system in place.

Located in downtown Middlebury at 5 Court St, the property is described as being built to fit its setting near Court Square. The courthouse replacement is noted as having mixed architectural elements with Queen Anne features, including asymmetric massing and articulated brick paneling. The building’s exterior character is tied to its relationship with nearby earlier structures on Court Square.

For tenants and buyers seeking an office space within a historic downtown setting, this building provides a functional three-floor layout supported by in-building storage in the full basement. With elevator service and modern fire-safety systems, it is designed to support day-to-day operations while preserving notable original architectural character.

Key Highlights

  • Three‑floor downtown Middlebury office building currently used for office space
  • Includes an elevator for access to the office floors
  • Fully up to date with fire safety, including a sprinkler system

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Plumbing Service Locksmith Electrical Service Carpet & Flooring Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

770
Businesses Nearby

Demographics for 05753, VT

11,113
Population
4,266
Households
2.6
Avg Household Size
36
Median Age
56%
College-Educated
96%
High-School Grad
83.8 sq mi
ZIP Area
133
Density / Sq Mi
$87,340
Median Household Income
$20,087
Median Earnings
$1,199
Median Rent
$383,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Three-floor office building with elevator and sprinkler system in downtown Middlebury.
Where is this office building located?
The property is located at 5 Court St Middlebury, VT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Three‑floor downtown Middlebury office building currently used for office space; Includes an elevator for access to the office floors; Fully up to date with fire safety, including a sprinkler system
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