Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Schoolhouse with Commercial Potential Title is generated by Realmo AI

    66 Duttonsville School Drive, Cavendish, VT 05142

    View on Map
    Claim this Listing
    For Sale
    $699,000

    Commercial For Sale - Cavendish, VT

    Lot size:
    3.70 Acres
    Added:
    Feb 25, 2026
    Days on Market:
    80
    Last Refresh:
    May 16 at 7:06 pm

    Property Features for 66 Duttonsville School Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    None
    Rooms
    Basement
    Basement Y/N
    1
    Standard status
    Active
    Lot size
    3.70 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5165.64

    Utilities

    Heating system
    Baseboard, Heat Pump (Heating), Propane (Heating)
    Cooling system
    Zoned

    Building Details

    Year built
    1862
    Roof type
    Metal, Slate
    Architectural style
    Other

    We can help!

    Listing Contact
    Gail Beardmore

    Listing agent Gail Beardmore

    Listing office Engel & Volkers Okemo 126 Main Street Ste 1A, Ludlow, VT

    Listing date Feb 25, 2026

    MLS# 5077754 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 1862 schoolhouse with original architectural details meticulously preserved.
    • Adaptable 3.7‑acre lot with semi‑truck accessibility.
    • Updated with modern amenities including mini‑split systems for heating and cooling.
    • Previously used as a thriving distribution business since 1973.
    • Finished interior with custom trim and thoughtfully designed shelving.
    • Versatile potential: ideal for live/work space, Airbnb, studio, gallery, event space, or single‑family home.

    Overview

    This historic schoolhouse, constructed in 1862, retains its original character and craftsmanship while accommodating modern use. Since 1973, the building has been the home of a distribution business. Original details include upper glass transom windows above the interior doors, pine floors, and a classic belfry. The interior features custom trim and shelving. Updated windows enhance efficiency, and mini-split systems provide supplemental heat and air conditioning. The 3.70-acre lot provides accessibility for semi-trucks, making commercial use viable. The property could be transformed into a live/work residence, Airbnb, studio, gallery, event space, boutique distribution hub, or single-family home. The property is also listed as Residential, MLS # 5077747.
    Location Intelligence

    Current Use by Public Records

    Live-work space

    Map

    City
    Cavendish
    County
    Windsor
    State
    Vermont
    Longitude
    -72.6011
    Latitude
    43.3717

    Nearby Similar for Sale

    • $325,000
      1,697 SF

      Charming Cavendish Multi-Family Property

      Two-unit property near Okemo Mountain, ideal for investment or living.
      818 Main Street, Cavendish, VT 05142
      View Details
    • $390,000
      1,976 SF

      Charming Multi-Family Home in Cavendish

      Charming home with versatile living spaces in Cavendish, Vermont.
      198 Depot Street, Cavendish, VT 05153
      View Details
    • $525,000
      2,304 SF

      Renovated Vermont Income Property

      Multi-family home with income potential near Okemo and I-91.
      81 High Street, Cavendish, VT 05142
      View Details
    • $699,000

      Historic Schoolhouse with Modern Potential

      1862 schoolhouse reimagined for commercial or residential use.
      66 Duttonsville School Drive, Cavendish, VT 05142
      View Details

    FAQs

    What type of property is this?
    Distribution property - 1862 schoolhouse reimagined for commercial or residential use.
    Where is this distribution property located?
    The property is located at 66 Duttonsville School Drive Cavendish, VT.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Historic 1862 schoolhouse with original architectural details meticulously preserved.; Adaptable 3.7‑acre lot with semi‑truck accessibility.; Updated with modern amenities including mini‑split systems for heating and cooling.
    (802) 236-5431
    We can help!
    Listing Contact
    Gail Beardmore
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    66 Duttonsville School Drive, Cavendish, VT 05142
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!