149 State Street Montpelier, VT $ 975,000
149 State Street
$ 975,000
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149 State Street

Montpelier, VT, 05602
$ 975,000
Baths0.0 Sq 6,686

Monthly Estimate*

$ 6,811

Listed by Jeanne Felmly, Dome Real Estate Group LLC, 802-793-8370, jeanne@domerealestategroup.com
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Studio

Commercial Property for sale in Montpelier, VT

for $975,000. This 6,686 square foot building was built in 1860 on a lot size of 0.48.

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

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Commercial Active

Price

$ 975,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 19,279

Style

Business,Hospitality,Investment,Multi-Family,Offic

Lot Size

0.48

Year Built

1860

Town/City

Montpelier

County/Region

Washington

MLS | Web ID

4985913

Features
Interior
Basement Description Concrete Floor Insulated No Tenant Access Stairs - Interior Unfinished Interior Access
Equipment CO Detector Smoke Detectr-Batt Powrd Smoke Detectr-Hard Wired
Basement Yes
Heating Fuel Oil
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General
Road Frontage Yes
Sewer Public
Heating Hot Water
Utilities Cable - At Site Telephone Available
Roof Shingle - Asphalt
Parking Parking Spaces 21+ Paved
Flood Zone Yes
Zoning Mixed Use Residential
Status Active
Year Built 1860
Electric Circuit Breaker(s)
Assessment Amount 853200
Tax Year 2023
Area VT-Washington
Seasonal No
Area Description Commercial Zoning In Town Near Shopping Neighborhood Near Public Transportatn Near Railroad Near Hospital
Price Per Sq Ft 145.83
Tax Gross Amount 19279.76
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Exterior
Foundation Stone
Lot Size Area 0.48
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* Excluded Features
List By
Jeanne Felmly

Listing Agent

Dome Real Estate Group Llc

Broker

(802) 793-8370

Phone

jeanne@domerealestategroup.com

Email

Affordability Calculator

$8,417
Per Month
81%
19%
0%
Monthly Principal & Interest
$6,811
Monthly Property Taxes
$1,607
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2024$975,000 Listed Price

Map


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149 State Street, Montpelier, VT, 05602 is a Commercial Property for sale at $975,000 with 6,686 sqft and a lot size of 0.48. 149 State Street is a studio with 0.0 baths and was built in 1860. The property's zip code is 05602 which is in Montpelier, VT