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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4 Main St Wilmington, VT 05363

    • Turn key restaurants
    • 3,720 SF
    • 0.11 lot acres
    For Sale
    View listing
    $1,499,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US89-0023901
    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

    • Turn key restaurants

    Property Details for 4 Main St

    Year built
    1934
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    3,720 SF
    Zone code
    CM
    Property type
    Turn key restaurants
    APN
    (242) 02120033.000
    APU
    24202120033000

    Description

    This exceptional 5,340 square foot property, located at 4 N. Main Street in Wilmington, Vermont, presents a rare opportunity to acquire a piece of history. Situated at the junction of Routes 9 and 100, this meticulously restored building, originally constructed in the early 1900s, boasts a rich heritage and prime downtown location. The building, known for its previous life as the popular Cask & Kiln restaurant, offers a unique blend of historical charm and modern functionality. The main level features a grand entryway with a stunning staircase, a spacious main dining area with white tablecloth service, and a sophisticated bar equipped with every amenity. The state-of-the-art kitchen is a chef's dream, highlighted by a magnificent copper wood-fired oven and an efficient layout. Upstairs, a second dining and bar area awaits, complete with custom-built wine coolers and a charming historic library ladder. This turnkey opportunity includes all equipment, furnishings, and the established business name, making it an unparalleled investment in a vibrant Vermont town. The 0.11-acre lot provides ample space for outdoor seating or expansion. This is a truly exceptional property with immense potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $265,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $355,000
      Current use
      COMMERCIAL (GENERAL)
      $390,000
      Change: +9% Conversion: Easy
      AUTO REPAIR, GARAGE
      $380,000
      Change: +6% Conversion: Difficult
      RETAIL STORES
      $305,000
      Change: -15% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Windham
    State
    Vermont
    Longitude
    -72.8709
    Latitude
    42.8687

    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
    2022
    $9,665
    $49,960
    $384,050
    $434,010
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $305,000
      3,436 SF

      4 Old Ark Rd

      RESTAURANT • 3,436 SF
      4 Old Ark Rd, Wilmington, VT 05363
      View Details
    • Value Estimation
      $255,000
      2,748 SF

      20 Main St

      RESTAURANT • 2,748 SF
      20 Main St, Wilmington, VT 05363
      View Details
    • Value Estimation
      $235,000
      2,809 SF

      14 Main St

      RESTAURANT • 2,809 SF
      14 Main St, Wilmington, VT 05363
      View Details
    • Value Estimation
      $205,000
      1,482 SF

      33 Main St

      RESTAURANT • 1,482 SF
      33 Main St, Wilmington, VT 05363
      View Details
    • Value Estimation
      $335,000
      4,384 SF

      8 Main St

      RESTAURANT • 4,384 SF
      8 Main St, Wilmington, VT 05363
      View Details
    • Value Estimation
      $245,000
      3,910 SF

      10 Main St

      RESTAURANT • 3,910 SF
      10 Main St, Wilmington, VT 05363
      View Details

    Similar Nearby for Sale

    • $859,800
      0.75 Acres

      Turnkey Entertainment Destination on Route 100

      Established entertainment destination with bowling, mini golf, restaurant, and living quarters.
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      View Details
    • $749,000
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      Historic Sitzmark Venue with Acreage

      Restaurant, indoor/outdoor bars, tennis, pool, disc golf on 38.4 acres.
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      Wilmington Retail & Barn Property

      Downtown Wilmington, VT - Prime Retail Opportunity
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      Profitable Boutique in Picturesque Wilmington

      Thriving women’s wear boutique in a premier Vermont resort town.
      22 West Main St, Wilmington, VT 05363
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    • $1,499,900
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      Historic Wilmington Village Gem

      Iconic Restaurant, Fully Equipped, 5,340 sq ft
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    • $499,000
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      Wilmington Restaurant & Storage

      Prime Route 9 location, established business.
      129 Vt Route 9, Wilmington, VT 05363
      View Details
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    Wilmington, VT 05363
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    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
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