A versatile residential and commercial property right in downtown Middlebury with great views of both the town green and river for someone who wants convenient downtown living and working, while earning income from additional apartments and small businesses! The owners did major renovations on the entire building including all new wiring, plumbing, new natural gas heating system, new roof, and flooring. The main level of the building works great as a commercial/office space, and includes a full kitchen, 2-3 offices, 3/4 bath and large gathering room. The second and third floors have been turned into a lovely 2-4 bedroom residential apartment. Hardwood floors fill the living and kitchen areas, with windows overlooking the river to the south. A bedroom and 3/4 en suite bath are on this floor as well, with washer and dryer. A separate section is delineated with sliding barn doors can be a second bedroom on this level or office/sitting room. A 3 season porch on the front of the building overlooks the town green to enjoy year round activities! The third floor has two spaces- it could be a bedroom and sitting room, or two separate bedrooms. The lower level has its own entrance, and is a sweet one bedrooom apartment. Fully renovated, it has exposed stone on several walls that adds to the charm, an eat in kitchen that is open to the living space and a 3/4 bath. If that's not enough space, there is a one room commercial space that currently houses a barber shop!
Active
Listed by:
Sarah Peluso,
IPJ Real Estate Cell:802-349-8695
$1,350,000
44-48 Merchants Row, Middlebury, VT 05753
4beds
4,716sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$1,276,200 Zestimate®
$286/sqft
$-- HOA
What's special
Windows overlooking the riverHardwood floorsWasher and dryerEat in kitchenSliding barn doors
- 73 days
- on Zillow |
- 514 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 10:50am
Listed by:
Sarah Peluso,
IPJ Real Estate Cell:802-349-8695
Source: PrimeMLS,MLS#: 5042652

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- None
Appliances
- Included: Water Heater off Boiler, Heat Pump Water Heater
Features
- Flooring: Hardwood, Laminate, Tile, Vinyl
- Basement: Apartment,Concrete Floor,Finished,Full,Insulated,Interior Stairs,Unfinished,Walkout,Interior Access,Exterior Entry,Walk-Out Access
Interior area
- Total structure area: 5,073
- Total interior livable area: 4,716 sqft
- Finished area above ground: 3,833
- Finished area below ground: 883
Video & virtual tour
Property
Features
- Levels: 3
- Fencing: Full
- Frontage length: Road frontage: 65
Lot
- Size: 3,485 Square Feet
- Features: Major Road Frontage, In Town, Near Shopping, Near Public Transit, Near Railroad
Details
- Zoning description: CB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Clapboard Exterior, Stucco Exterior, Wood Exterior
- Foundation: Brick, Concrete, Stone
- Roof: Rolled/Hot Mop,Asphalt Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable at Site, Gas On-Site
Community & HOA
Location
- Region: Middlebury
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $458,400
- Annual tax amount: $12,363
- Date on market: 5/23/2025
- Road surface type: Paved
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