159 State StreetMontpelier, VT 05602MLS Number 4996491

  • Price: $749,000
  • 31 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
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159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602159 State Street Montpelier VT 05602
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  • 1.2Acreage
  • 1808Year Built
  • 3,709Square Feet

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Listed by Yana Walder of Lake Point Properties,LLC
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.

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Tax Information

  • Tax Year2023

Building

  • Year Built1808
  • Door Height8'7"
  • NumberOfUnitsInCommunity10
  • Drive/Doors2
  • Square Feet3,709
  • Available Sqft4,322
  • BasementBulkhead, Sump Pump, Interior Access, Exterior Access
  • Rail Available Y/NYes

Utilities

  • FuelOil
  • Heating CoolingBaseboard

Other

  • Transport AccessCity Street, Major Road Access, Paved, Public Transportation, State Highway, Town Highway
  • Date Listed05/20/2024

Basic Information

  • StatusACT
  • Modification Date05/20/2024
  • TypeDevelopment, Investment, Office, Opportunity
  • List Price$749,000
  • Broker NameLake Point Properties, LLC
  • Listing Agent NameYana Walder
  • Lister Office NameLake Point Properties, LLC
  • MLS Number4996491
  • MLS StatusActive

Exterior

  • RoofShingle - Asphalt

Amenities

  • PricePerSqFt201.94

Location

  • Building Number159
  • StreetState Street
  • TownMontpelier
  • StateVT
  • Zip05602
  • CountyWashington

Property

  • Acreage1.2
  • Parking Spaces
  • Property TypeCommercial Sale
  • Area
    • Abuts Conservation
    • Commercial Zoning
    • In Town
    • Near Hospital
    • Near Railroad
    • Near Shopping
    • Village
  • Lot Sqft52,272
Dave Chenette | Chenette Real Estate
Dave Chenette | Chenette Real Estate
Office: 802-264-1991
30 Kimball Ave, Suite 201
South Burlington, VT 05403
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 19, 2024 4:11 PM EDT

 

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