Parmelee & Howe Lease Information

Parmelee & Howe Building
4 North Main Street
Wilmington, Vermont 05363

Property Description

The Wilmington Fund VT, Inc. (WFVT) owns and operates the recently renovated Parmelee & Howe commercial building in Wilmington, Vermont.  Perhaps the best and most visible commercial location in Wilmington as all traffic passing through the town filters through this location at the intersection of Route 9 and Route 100.  The 5340 square foot two-story brick building was originally built in 1934, but major renovations are just now being completed, including HVAC, electrical, and interior work.

At present, there are four available spaces:

1st floor corner of Route 9/Route 100 (1211 square feet) – $2000
1st floor Route 100 (672 square feet) – $1000
2nd floor corner of Route 9/Route 100 (1316 square feet) – $800
2nd floor office (174 square feet) – $150

These spaces can be combined or leased separately.

Leasing Process

If you are interested in leasing space in the Parmelee & Howe Building, please send us a Letter of Interest.  This brief letter should include:

Description of your business
Business experience (for an existing business, provide a brief history of your business; for a new business, provide information on your business and management experience)
Market analysis (identify target market, competitors, and potential market share)
Financing needs (include sources and use of funds)
Space(s) you are interested in leasing

Please submit your Letter of Interest via email to [email address]. Certain prospective tenants will then be asked to submit a full business plan.  The Vermont Small Business Development Center provides excellent guidance on developing a business plan.  You can find this information at http://www.vtsbdc.org/assets/files/sbdc-business-plan-guidelines.pdf

Financial Assistance

WFVT does not have the resources to fund your entire business.  While WFVT may provide limited financial support to a tenant on a case-by-case basis, all tenants are expected make significant financial contributions (cash or loans) to their business.

Timing

Letters of interest are due on June 1, 2012.

Business Plans are due on June 15, 2012

Questions

If you have any questions, please contact John Gannon (john.gannon@mac.com) 802-490-4327 or Bruce Mullen (bruce_mullen@earthlink.net) 802-464-8998.