Commercial for Sale: 149 State Street, Montpelier, VT 05602

$940,000
$940,000
149 State Street, Montpelier, VT 05602
$940,000
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Price:
$940,000
$35,000 - 08/30/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 0.48 acres
Year Built 1860
Taxes Paid $19,279
City Montpelier
County Washington
MLS 4985913
Status Active
DOM 264 days
Excellent opportunity to own prime commercial space in Montpelier near I89, public transportation, schools, CVMC Hospital and shopping. The 6,686 square foot building is currently comprised of 13 offices and 6 airbnb rooms, one full bath, one 3/4 bath and two half baths (one handicap accessible), two kitchenettes and over 30 parking spaces. There are many preserved original details throughout the front portion of the building including a spectacular two level porch with dramatic columns. This property has prime road frontage on Route 2/State Street and ample signage. It's is a 5 minute walk to the State House and center of town. Perfect for investment, conversion to rental property or 1031 exchange! The July flooding did affect the building but it has been restored and renovated as is ready for immediate occupancy. Also listed as multi-family: MLS#4987186

Lot & Building Features

Utilities Cable - At Site, Telephone Available
Construction Clapboard Exterior, Wood Frame
Heat Source Oil
Heating Hot Water
Parking Description Parking Spaces 21+, Paved
Sewer Public
Tax Year 2023
Taxes Paid $19,279
Water Public
Basement Description Concrete Floor, Unfinished, Stairs - Interior, No Tenant Access, Interior Access, Insulated
Foundation Stone
Lot Description City Lot, Sidewalks, Level, Curbing
Roof Shingle - Asphalt

Price History of 149 State Street, Montpelier, VT

Date Name Price Difference
08/30/2024 Price Adjustment $940,000 3.59%
02/23/2024 Listing Price $975,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Kristen Merritt
Direct: 603-305-7142
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Dome Real Estate Group LLC, Jeanne Felmly
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2.0510382978723%
6.75%
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149 State Street (MLS #4985913) is a commercial listing located in Montpelier, VT. This commercial listing is on a lot of 20,909 sqft (or 0.48 acres) and is 164 years old. This property was listed on 02/23/2024 and has been priced for sale at $940,000.

Nearby zip codes are 05601, 05641, 05651, 05663 and 05682. This property neighbors other cities such as Barre Town, Berlin, East Montpelier, Middlesex and Moretown.

PrimeMLS

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Listing information courtesy of: Dome Real Estate Group LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/13/2024