Commercial for Sale: 159 State Street, Montpelier, VT 05602

$749,000
$749,000
159 State Street, Montpelier, VT 05602
$749,000
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Price:
$749,000

Type Commercial
Lot Size 1.20 acres
Year Built 1804
Taxes Paid $13,341

City Montpelier
County Washington

MLS 4996491
Status Active
DOM 182 days
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 Residential MLS #5016606.

Lot & Building Features

Utilities Other
Construction Clapboard Exterior
Cooling Other
Heat Source Oil
Heating Baseboard
Parking Description Assigned, Paved, Parking Spaces 11 - 20, Off Street
Sewer Public
Tax Year 2024
Taxes Paid $13,341
Water Public
Basement Description Bulkhead, Sump Pump, Interior Access, Exterior Access
Foundation Concrete, Stone w/ Skim Coating
Lot Description Major Road Frontage, Wooded, Open
Roof Shingle - Asphalt

Price History of 159 State Street

Date Name Price Difference
05/20/2024 Listing Price $749,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 159 State Street, Montpelier, VT

Location Map Street View
Photo of Maureen Carey
Direct: 603-944-7834
Office
560 High Street
Hampton, NH 03842
603-929-1100
Listed by Lake Point Properties, LLC, Yana Walder
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20%
1.7811855807744%
6.75%
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$
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Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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159 State Street (MLS #4996491) is a commercial listing located in Montpelier, VT. This commercial listing is on a lot of 52,272 sqft (or 1.20 acres) and is 220 years old. This property was listed on 05/20/2024 and has been priced for sale at $749,000.

Nearby zip codes are 05601, 05641, 05649, 05663 and 05682. This property neighbors other cities such as Berlin, East Montpelier, Middlesex, Moretown and Orange.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Lake Point Properties, 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 11/18/2024