12 Main St Wilmington, VT 05363-9720
- Retail space
- 2,560 SF
- 0.05 lot acres
Current Use by Public Records
- Retail space
Property Details for 12 Main St
- Year built
- 1835
- Construction
- FRAME
- Lot size
- 0.05 lot acres
- Property size
- 2,560 SF
- Zone code
- CM
- Property type
- Retail space
- APN
- (242) 02022023.000
- APU
- 24202022023000
Description
This exceptional property, located at 12 South Main Street in Wilmington, Vermont, presents a rare opportunity to own a piece of history. Originally constructed in 1835 as the New England Universalist Church, this 2,560 square foot building has undergone extensive renovations, transforming it into a vibrant and functional art gallery. The building's classic New England architecture, including a charmingly crooked steeple, is beautifully preserved, blending seamlessly with the surrounding Vermont landscape. Inside, high vaulted wooden ceilings and large stained-glass windows create a naturally lit, ethereal atmosphere. Original wood floors and stamped tin ceilings add to the historical elegance, while modern updates enhance functionality. The former choir loft now serves as a dedicated art-making space, and an additional main-level room, equipped with a sink, provides a convenient office area. A recently added handcrafted full bar significantly increases the property's versatility, opening up a range of potential uses. Situated on a 0.05-acre lot, this unique property is ideal for art enthusiasts seeking a distinctive venue or entrepreneurs looking for a captivating business space. The property's rich history and modern amenities combine to offer an unparalleled opportunity. Detailed renovation information is available in the Seller's Property Information Report (SPIR). This is a truly one-of-a-kind offering in the heart of Vermont.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $155,000
- 6.5%
- $150,000
- 7%
- $155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $140,000
- Geo Method
- $160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $145,000
- Retail
- $175,000
- Mixed-Use
- $155,000
- Hospitality
- $165,000
- Educational
- $165,000
- Residential Income
- $175,000
- Energy
- $185,000
- Income-Based Land
- $155,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Windham
- State
- Vermont
- Longitude
- -72.8717
- Latitude
- 42.8679