Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    16-20 Elliot St Brattleboro, VT 05301

    • Investment properties
    • 3,912 SF
    • 0.12 lot acres
    For Sale
    View listing
    $449,000
    Last Sale
    Jan 03, 2025
    $449,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US89-0215164
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 16-20 Elliot St

    Year built
    1900
    Lot size
    0.12 lot acres
    Property size
    3,912 SF
    Zone code
    UC / U
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    (025) 00275469.000
    APU
    2500275469000

    Description

    This exceptional 9,000 square foot mixed-use property at 16-20 Elliot Street in Brattleboro, Vermont, presents a unique investment opportunity. Situated on a 0.12-acre lot, this iconic building boasts a rich history, having served as a church and more recently, accommodating healthcare, educational, retail, and residential uses. The primary level, approximately 3,400 square feet, is ADA accessible, offering significant potential for various commercial ventures. Two lower levels currently provide residential and office/private workspace, although the residential space is currently vacant. The property's versatility allows for a multitude of uses, including but not limited to: housing (with potential for 10+ units), retail, commercial, office space, entertainment venues, or health services. Its prime location offers high visibility and convenient access to the train station, public transportation, hospital services, shopping, dining, entertainment, and professional services. The property benefits from public water and sewer, ample power, and is attractively priced at $449,000. This is a rare chance to acquire a substantial, adaptable property in a thriving Vermont community. Don't miss this chance to own a piece of Brattleboro's history and shape its future.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brattleboro
    County
    Windham
    State
    Vermont
    Longitude
    -72.5584
    Latitude
    42.8519

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $11,664
    $126,000
    $270,870
    $396,870
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,885,000
      21,865 SF

      120 Main St, Unit 130

      OFFICE/RESIDENTIAL (MIXED USE) • 21,865 SF
      120 Main St, Brattleboro, VT 05301-3032
      View Details
    • Value Estimation
      $655,000
      4,270 SF

      698-700 Putney Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,270 SF
      698-700 Putney Rd, Brattleboro, VT 05301
      View Details
    • Value Estimation by Request
      1,484 SF

      399 Canal St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,484 SF
      399 Canal St, Brattleboro, VT 05301-6619
      View Details
    • Value Estimation by Request
      2,017 SF

      11 Cottage St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,017 SF
      11 Cottage St, Brattleboro, VT 05301-6560
      View Details
    • Value Estimation by Request
      1,800 SF

      40-42 Elliot St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,800 SF
      40-42 Elliot St, Brattleboro, VT 05301
      View Details
    • Value Estimation by Request
      1,654 SF

      88 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,654 SF
      88 High St, Brattleboro, VT 05301-6074
      View Details

    Similar Nearby for Sale

    • $270,000
      2,112 SF

      Brattleboro Multi-Family Investment Opportunity

      Two-unit property with yard and parking in Brattleboro, Vermont.
      556 South Main St, Brattleboro, VT 05301
      View Details
    • $350,000
      3,312 SF

      Brattleboro Multi-Family Investment Opportunity

      Multi-family property near schools, ideal for owner occupancy or investment.
      573 South Main St, Brattleboro, VT 05301
      View Details
    • Contact for pricing
      88,000 SF

      Historic Mixed-Use Building in Brattleboro

      Mixed-use historic building in downtown Brattleboro with apartments and commercial.
      132 Main St, Brattleboro, VT 05301
      View Details
    • $5,500,000
      3.68 Acres

      Waterfront Commercial Property with Marina

      Unique waterfront property with restaurant, marina, offices, and apartments.
      464 Putney Rd, Brattleboro, VT 05301
      View Details
    • Contact for pricing
      1.75 Acres

      Brattleboro Commercial Land - 1.75 Acres

      Prime development land, high traffic location.
      817 Putney Rd, Brattleboro, VT 05301
      View Details
    • $750,000
      3.30 Acres

      423 Marlboro Rd, Brattleboro, VT 05301

      Commercial real estate • 3.30 Acres
      423 Marlboro Rd, Brattleboro, VT 05301
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,000 SF

      Royal Square Shopping Center Space

      Retail space in busy Brattleboro shopping center.
      766 Putney Rd, Brattleboro, VT 05301
      View Details
    • $850 /Mo

      Office Space on Putney Road

      Office space for rent with storage and reception area.
      20 Technology Dr, Brattleboro, VT 05301
      View Details
    • Contact for pricing
      6,300 SF

      Retail Space in Royal Square

      Retail space available in busy Brattleboro shopping center.
      768 Putney Rd, Brattleboro, VT 05301
      View Details
    • Contact for pricing

      Rollerdrome Building Industrial/Warehouse Spaces

      Light industrial or storage/warehouse spaces for lease in Brattleboro, VT.
      464 Putney Rd, Brattleboro, VT 05301
      View Details
    • Contact for pricing
      108,000 SF

      Royal Square Retail Space Available

      High-traffic retail center; spaces from 2,500 sq ft.
      768 Putney Rd Rte 5, Brattleboro, VT 05301
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space on Canal Street

      Retail space available at a prominent intersection.
      489-499 Canal St, Brattleboro, VT 05301
      View Details
    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.
    16-20 Elliot St
    Brattleboro, VT 05301
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.