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
Mls | 4985913 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1860 |
Days On Site | 292 |
Listing Provided By | Dome Real Estate Group LLC | Jeanne Felmly |
Sq Feet | 6,686 |
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Basement | Y |
Zoning | Mixed Use Residential |
Acreage | 0.48 |
State | VT |
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County | Washington |
City | Montpelier |
Zip Code | 05602 |
Listing VS Median (in 05602) | |
Price: $940,000 low | high Med: $473,500 SqFt: 6,686 low | high Med: 4,629 $ / SqFt: $141 low | high Med: $114 On Site: 292 low | high Med: 78.5 |