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Located at 159 State Street, Montpelier, Vermont 05602, this Commercial is for Sale with a price of $695,000 USD. The property was built in 1804,. This listing has 4,620 Sq.Ft. of interior space on a lot of 1.2 Acres. See all Homes for Sale in Montpelier.

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Description

159 State Street,

Montpelier, VT 05602

Listing Courtesy of Yana Walder, Lake Point Properties, LLC


A great opportunity to own a ~4,000 SF commercial office building on a 1.2 acre lot, just a short distance from downtown Montpelier, High School, National Life, 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 remote workers. Basement was improved with a sump pump and waterproofed around 2016. Recent improvements include roofing and exterior paint. The property was not affected by the 2023 flood. Development opportunity, please check with the zoning dept. Existing tenants provide income potential while still allowing flexibility for future owner occupancy. Seller is a licensed real estate agent with the listing office.

Data provided by : PRIME MLS

Amenities

  • Basement
  • Wooded
  • Open
$695,000
price
Commercial
Property type
Available
market status
Montpelier
School District
5091550
MLS ID
1804
Year Built
6
Days Posted
4,620 Sq Ft.
interior
1.2 Acres
Exterior
New Listing

159 state street
Montpelier, VT 05602

$695,000