Listing courtesy of Yana Walder, Lake Point Properties, LLC 802-347-6100


159 State Street, Montpelier, VT, 05602

159 State Street, Montpelier, VT, 05602

1804

4,620 sqft

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.


Status:

Active

Type:

Commercial

Units:

10

Zoning:

Mixed Use Residential

Frontage:

190

Heating:

Baseboard, Oil

Cooling:

Other

Parking:

Assigned, Off Street, Parking Spaces 11 - 20, Paved

Acreage:

1.2

Est. Taxes:

$13,257

Construction

Clapboard Exterior

Elevator:

N

MLS #:

5091550


Community Info

School Info

Walk Score

Mass Transit

Yelp