147 Main Street Montpelier, VT $ 1,300,000
147 Main Street
$ 1,300,000

147 Main Street Montpelier, VT, 05602

$ 1,300,000
Bedrooms Baths0.0 Sq 6,560

Monthly Estimate*

$ 5,040

How much can I afford?
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Commercial Property for sale in Montpelier, VT

for $1,300,000. This 6,560 square foot building was built in 1780 on a lot size of 1.25 Acre(s).

Saturated with stately elegance and prominently poised at the head of Main Street, this aesthetically preserved property has been a respected historic landmark admired for generations. Built by a prominent doctor just after Montpelier was settled, the property showcases the popular Greek Revival architecture favored during the colonial period. Originally occupied as a residence, subsequent owners rented out many of the rooms until after several additions, remodels and renovations, it transitioned into its current use as one of two buildings that comprises The Inn at Montpelier. Housing 9 bedrooms of the inn, a sprawling living room, 2 dining rooms, a parlor, pantry, large commercial kitchen, 4 wood burning fireplaces, covered porches and a wraparound veranda '“ the property holds various options and abundant potential! New owners can continue running an inn or air B&B, convert the building back to a single family residence, or easily modify it to be apartments. At one point, a fine dining restaurant was run out of the property and all food & beverage service permits and licenses remain in-place and current to serve 44 guests. Just imagine the many creative ways all of this sq. footage can be used! Excellently maintained, an in-town location that can't be beat with commercial zoning and plenty of off-street parking, this is a beautifully appealing property in so many ways! Both buildings that make up the current Inn at Montpelier can be purchased together see MLS#

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Style

Business

Lot Size

1.25 Acre(s)

Year Built

1780

Town/City

Montpelier

County/Region

Washington

MLS | Web ID

4705327

Features
Interior
Appliances Smoke Detector
Basement Basement Concrete Basement Dirt Floor Other Unfinished
Heating Source Oil Pellet
Heating System Baseboard Hot Water Pellet Stove Steam
Sewer Public Sewer Sewer
Water Source Metered Water Public Water
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Exterior
Construction Wood Frame
Foundation Concrete Fieldstone Stone
Land Improvements Sidewalks
Lot Description City/Village Landscaping Open Lot
Parking 21-40 Parking Spaces On Site Parking Parking Spaces Unassigned Parking
Road Frontage City Street Other Paved
Roof Membrane Slate
Siding Clapboard Wood Exterior
Zoning Commercial Flood Zone
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Miscellaneous
Commercial Fire System Inventory Included Living Space Available Sale Includes Furniture Security System / Alarm Wet Sprinkler System
Documents Deed Restrictions
Location Historic Area Near Public Transportation Near Shopping Railroad
Utilities Electric Circuit Breakers Phone
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* Excluded Features
List By
Jenny Flower

Listing Agent

New England Landmark Realty Ltd

Broker


Affordability

$ 5,040 per month
Get Pre-Approved
Monthly Principal & Interest
$5,040
Monthly Property Taxes
--
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% 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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Pricing History
DatePricePrice ChangeDescription
8/3/2018$1,300,000 -31.58 % Price Down
7/6/2018$1,900,000 Listed Price

Map


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147 Main Street, Montpelier, VT, 05602 is a Commercial Property for sale at $1,300,000 with 6,560 sqft and a lot size of 1.25 Acre(s). 147 Main Street has 0.0 baths and was built in 1780. The property's zip code is 05602 which is in Montpelier, VT