$749,000
 $4,021 est/mo Sourced by Back At You

159 State Street , Montpelier, VT 05602

Montpelier, VT 05602

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Description

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.

Details

MLS#5016606
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
Status(10) Active - Active
Year1804
Days On Site109
Listing Provided ByLake Point Properties, LLC | Yana Walder

Features

Bed(s)7
Bath(s) 3 Total
SQ Feet4,807
Garage2
BasementY
Story(s)2
ZoningMixed Use Residential
Acreage1.20

Market Activity 05602



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StateVT
CountyWashington
CityMontpelier
Zip Code05602
School DistrictMontpelier High School
Elementary SchoolUnion Elementary School
Middle SchoolMain Street Middle School
High SchoolMontpelier High School
Listing VS Median (in 05602)
Price:
$749,000
low | high
Med:
$472,000
86.9826435247% of Average
SqFt:
4,807
low | high
Med:
3,140
84.678593717495% of Average
$ / SqFt:
$156
low | high
Med:
$150
53.52725077173% of Average
On Site:
109
low | high
Med:
164.000000
66.463414634146% of Average
Sourced by Back At You
Listing Updated: January 7, 2025 at 12:27:58 PM PST