Financial
Distress signals
Property profile

160 Paine N Tpke Berlin, VT 05602

OFF-MARKET
Grocery and convenience stores
Property ID
US89-0211100
36.11 ac lot Built 1996
Last sale Mar 2026 · $20,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property located at 160 Paine Turnpike N in Berlin, Vermont is occupied by a grocery supermarket that has operated on-site for nearly 30 years. The building is structured as a leased, absolute net arrangement, with operating obligations assigned to the tenant under the lease terms. The lease has been extended to include a base term through December 31, 2039, and contractual rent increases are scheduled at 8% every five years across the base term and extension periods. The lease guarantee is provided by J. Sainsbury, identified as Shaw’s former parent company.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$235k
Tax billed · 2021
Assessed value · 2023$11.34M
Assessed land$2.63M
Assessed improvement$8.71M
Effective rate2.08%

Value estimate

· Sep 2026
$17.15M
$15.43M – $18.86M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.6
Locksmith8.6
Tailor Shop8.6

Location

160 Paine N Tpke Berlin, VT 05602-8293
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 8 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
36 Kubota, Berlin, VT 05602 $1,058,900 Jun 2022 1,571 SF
Us Rt 2nd, Montpelier, VT 05602 $25,000 Feb 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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