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    OFF-MARKET
    Retail space

    16 Main St, Wilmington, VT 05363

    2,242 SF 0.65 ac lot Built 1840
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US89-0208885
    Property summary
    AI-generated overview

    This exceptional commercial property in downtown Wilmington, Vermont presents a rare investment opportunity. The 0.65-acre lot boasts significant road frontage and includes two structures: a retail building and a substantial barn. The retail building, totaling 2,242 square feet, offers versatile space. Its layout includes five ground-floor rooms currently used for retail operations, plus three upper-level rooms and two bathrooms. The established business, "The Incurable Romantic," is included in the sale, along with existing inventory. Adjacent to the retail space is a large 60x30 foot barn featuring seven stalls, a garage, and an upper hayloft, currently used for storage and display. This barn offers significant potential for expansion or repurposing. The property also includes five parking spaces, currently leased to a neighboring business, the Crafts Inn, providing additional income potential. This unique combination of retail space, ample storage, and parking makes this property ideal for a variety of commercial uses. The property's prime downtown location ensures high visibility and accessibility, making it an attractive investment for both established businesses and new ventures. The existing business and inventory provide a solid foundation for immediate revenue generation. This is a truly unique opportunity to acquire a substantial commercial property in a desirable Vermont town.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1840
    Construction FRAME
    Total area 2,242 SF
    Lot 0.65 ac (28,314 SF)
    Zoning code CM
    APN (242) 02020081.000
    UPID US89-0208885
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    CYNTHIA BEAUDETTE
    CYNTHIA BEAUDETTE
    Zoning & alternative use
    CM · Wilmington, VT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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