Property profile

16 Main St Wilmington, VT 05363

OFF-MARKET
Retail space
Property ID
US89-0208885
2,242 SF 0.65 ac lot Built 1840
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Florist
  • Public Library

Location

16 Main St Wilmington, VT 05363
Wilmington metro Census 968000
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

Zoning & alternative use

CM · Wilmington, VT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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