For Sale
$1,100,000

88 Mainelli Rd Middlebury, VT 05753

Multi-tenant commercial property, high ROI.

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a rare chance to acquire a diversified, multi-tenanted commercial property situated in the thriving Middlebury Industrial Park. The 11,694 square foot building, located at 88 Mainelli Road, Middlebury, Vermont, sits on a generous 4.43-acre lot, offering significant potential for future expansion. Constructed in 1979 with a substantial addition completed in 2015, the property boasts a strong occupancy rate with three established tenants. Champlain Valley Creamery occupies approximately 1,680 square feet, Appalachian Gap Distillery utilizes roughly 6,374 square feet, and The Friday Group, a consulting firm, leases approximately 3,320 square feet of office space. A 320 square foot mechanical room is also included. The property benefits from municipal water and sewer services and features a productive 36kW PV solar array, owned by AllEarth Services, contributing to energy efficiency and potential cost savings. The ample remaining land provides significant opportunity for future development, adding considerable value to this already impressive investment. This property offers a compelling combination of established income and significant growth potential in a desirable location. Detailed financial information is available upon request.

Property Details for 88 Mainelli Rd

Property type
Investment properties
Square Feet
11,694 SF
Lot Size (sq. ft)
192,971 SF

Location Insight

City
Middlebury
County
Addison
State
Vermont
Latitude
44.03542
Longitude
-73.16984

FAQs

What type of property is this?
Investment property - Multi-tenant commercial property, high ROI.
Where is the investment property located?
The property is located at 88 Mainelli Rd Middlebury, VT.
What is the asking price?
The asking price for this property is $1,100,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
88 Mainelli Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message