88 Mainelli Road Middlebury, VT
$1,100,000
Acres 4.43
Description
Rare opportunity to own a diversified, multi-tenanted commercial investment property in Middlebury. Located in the Middlebury Industrial Park, 88 Mainelli Road is an 11,694 SF building located on approximately 4.43 acres. Originally built circa 1979, an addition was added in 2015. Three tenants currently occupy the entire building. Champlain Valley Creamery has roughly 1,680 SF, the Appalachian Gap Distillery occupies about 6,374 SF and The Friday Group, a consulting firm, has roughly 3,320 SF of office space (there is also a 320 SF mechanical room). The property is serviced by municipal water and sewer and has an active 36kW PV solar array owned by AllEarth Services. Ample land for additional building development. Please call broker to discuss in greater detail and for financial information.
Listed by The Kingsland Company, Duncan Harris
Details
MLS 5021979
Price $1,100,000
Status Active
DOM 239 days
Type Commercial
Lot Size 4.43 acres
Taxes Paid $20,106
Lot & Building Features
Utilities Gas - Underground
Sewer Public Sewer On-Site
Tax Year 2025
Taxes Paid $20,106
Water Public Water - On-Site
Basement Description Finished
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Financing
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6.75%
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$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.