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    10 Merchants Row Frk Middlebury, VT 05753

    For Lease
    $14 SF/Yr

    Historic building, flexible suites, river views

    Lot size:
    68,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional office space, located in the prestigious Battell Block building at 10 Merchants Row in Middlebury, Vermont (zip code 05753), offers a unique opportunity for businesses seeking a vibrant downtown location. The property boasts a total of 68,200 square feet, with flexible suite sizes ranging from 300 square feet to 5,766 square feet, perfect for a variety of business needs. The building's traditional office layout provides a blend of individual offices, larger meeting spaces, and multiple suite configurations, allowing for customization to suit specific requirements. Enjoy the convenience of a single-tenant occupancy within this historic building, situated within walking distance of Middlebury College and offering stunning river views. The property benefits from local property management services, ensuring seamless operations. Previously occupied by the Community College of Vermont, this versatile space presents numerous possibilities for businesses seeking a prominent presence in the heart of Middlebury. Note that the upper floors (second and third) of the Battell Block building are comprised of upscale apartments. This prime location offers unparalleled access to the bustling downtown area and its amenities.

    Property Features for 10 Merchants Row Frk

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,200 SF
    Total Rate
    79566.67

    Unit(s) available at that property

    Space
    Size
    5,766 SF
    Rate per SF
    $14

    HighLights

    • 68,200 square feet of office space available in the prestigious Battell Block building at 10 Merchants Row, Middlebury, VT 05753.
    • Flexible suite sizes ranging from 300 to 5,766 square feet, accommodating various business needs.
    • Traditional office layout with individual offices, meeting spaces, and customizable suite configurations.
    • Single‑tenant occupancy available in this historic building.
    • Prime downtown Middlebury location, within walking distance of Middlebury College and offering river views.
    • On‑site property management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Middlebury
    County
    Addison
    State
    Vermont
    Longitude
    -73.168090996993
    Latitude
    44.013822818107

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    FAQs

    What type of property is this?
    Office Property / Space - Historic building, flexible suites, river views
    Where is this office property / space located?
    The property is located at 10 Merchants Row Frk Middlebury, VT.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 68,200 square feet of office space available in the prestigious Battell Block building at 10 Merchants Row, Middlebury, VT 05753.; Flexible suite sizes ranging from 300 to 5,766 square feet, accommodating various business needs.; Traditional office layout with individual offices, meeting spaces, and customizable suite configurations.
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    Middlebury, VT 05753
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    Realmo Value Estimation

    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.

    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.

    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
    10 Merchants Row Frk Middlebury, VT 05753
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