159 State ST Active

Montpelier,VT 05602

$ 749000

- Bed

- Bath

4322 SqFt


Key Details

Property Type Commercial

Sub Type Development,Investment,Office,Opportunity

Listing Status Active

Purchase Type For Sale

Square Footage 4,322 sqft

Price per Sqft $173

MLS Listing ID 4996491

Year Built 1804

Annual Tax Amount $13,341

Tax Year 2024

Lot Size 1.200 Acres

Property 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.

Location

State VT

County Vt-washington

Area Vt-Washington

Zoning Mixed Use Residential

Rooms

Basement Entrance Interior

Interior

Heating Oil

Cooling Other

Inclusions Land/Building

Exterior

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

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

Utilities Available Other

Roof Type Shingle - Asphalt

Building

Foundation Concrete,Stone w/ Skim Coating

Sewer Public

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