159 State Street , Montpelier, VT 05602
Montpelier, VT 05602
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 Residential MLS #5016606.
Details
| Mls | 4996491 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1804 |
| Days On Site | 197 |
| Listing Provided By | Lake Point Properties, LLC | Yana Walder |
Features
| Sq Feet | 4,322 |
|---|---|
| Basement | Y |
| Units | 10 |
| Zoning | Mixed Use Residential |
| Acreage | 1.20 |
Market Activity 05602
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| State | VT |
|---|---|
| County | Washington |
| City | Montpelier |
| Zip Code | 05602 |
| Listing VS Median (in 05602) | |
Price: $749,000 low | high Med: $480,000 SqFt: 4,322 low | high Med: 4,216 $ / SqFt: $173 low | high Med: $144 On Site: 197 low | high Med: 21.000000 | |