$749,000 ($201.94 per sqft)

Est. Mortgage $3,787/mo *

Quick Pre-Approval

Listing courtesy of Yana Walder, Lake Point Properties, LLC Phone: 802-347-6100


159 State Street, Montpelier, VT, 05602

159 State Street, Montpelier, VT, 05602

10 rooms

7 beds

1 Full / 2 Half baths

1804

Other

3,709 sqft

In town property with RESIDENTIAL, OFFICE, OR MIXED USE OPPORTUNITY. A great opportunity to own a ~3,700 SF commercial office building on a 1.2 acre lot, just a short distance from downtown Montpelier, High School, and the Vermont State House. The property was built around 1809 and for a time was maintained as an official residence for Vermont's governors called the Chester Wright House. Great visibility from VT Route 2, good signage, convenient and immediate access to Interstate 89 exit 8, large paved parking lot onsite with 14 spots. Building offers 10 single offices, a kitchenette, 3 bathrooms (one with a shower), and a two car garage. Beautiful historic details like fireplaces, wood floors, and custom woodwork add to the charm. Offices have lots of natural light and are currently leased to professionals, including counseling therapists, artists, and an attorney. Basement was improved with a sump pump and waterproofed around 2016. The property was not affected by the 2023 flood. Development opportunity, please check with the zoning dept. Seller is a licensed real estate agent with the listing office. Also listed in Commercial MLS #4996491.


Status:

Active

Type:

Single-family residential

Zoning:

Mixed Use Residential

Frontage:

190

Garage:

2-car Garage

Heating:

Oil, Hot Water

Cooling:

Other

Basement:

Bulkhead, Exterior Access, Interior Access, Sump Pump

Parking:

Off Street, On-Site, Parking Spaces 11 - 20, Paved

Acreage:

1.2

Est. Taxes:

$13,341

Lot Description:

Level,Major Road Frontage,Wooded,Abuts Conservation,In Town,Near Shopping,Near Railroad,Near Hospital

Elementary School:

Union Elementary School

Middle School:

Main Street Middle School

High School:

Montpelier High School

School District:

Montpelier School District

MLS #:

5016606


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