Mad River Valley Real Estate - Go to homepage

149 State Street, Montpelier, VT


  • $940,000
  • 0 bathrooms
  • 8184 ft2
  • 0.48 acres

Property Description

Excellent opportunity to own prime commercial/residential 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 commercial: MLS#4985913.

Property Details

Basic Information

MLS Number:
4987186
List Price:
$940,000
Bathrooms:
0

Location

Street:
State Street
Building Number:
149
City:
Montpelier
State:
VT
Zip:
05602
County:
Washington
School District:
Montpelier School District
Elementary School:
Union Elementary School
Middle School:
Main Street Middle School
High School:
Montpelier High School

Property

Acres:
0.48
Lot Description:
City Lot,
Curbing,
Level,
Sidewalks,
In Town,
Near Shopping,
Neighborhood,
Near Public Transportatn,
Near Railroad,
Near Hospital
Zoning:
Mixed Use Residential
Driveway:
Paved
Roads:
Paved,
Public
Road Frontage:
90
Property Type:
RI

Building

Year Built:
1860
Floors:
Carpet,Hardwood,Laminate
Basement:
Interior
Foundation:
Stone
Style:
Freestanding,Greek Revival,Multi-Family
Construction:
Wood Frame,Clapboard Exterior
Square Feet:
8184

Exterior

Roof:
Shingle - Asphalt
Exterior:
Handicap Modified,Porch - Covered

Utilities

Electric:
100 Amp,Circuit Breaker(s)
Cooling:
Wall AC Units
Sewer:
Public

Legal

Surveyed:
Unknown

Other

Broker Name:
Dome Real Estate Group LLC
Agent Name:
Jeanne Felmly
Office Phone:
802-793-8370
Status:
Active
Latitude:
44.262589
Longitude:
-72.585129

Map

Get Directions
Broker Reciprocity PrimeMLS

Copyright 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, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/21/2024.
Mortgage calculator source: iHomefinder. Schools info source: GreatSchools. WalkScore source: WalkScore. Market Report Source: iHomefinder with data from PrimeMLS, Inc.

5513 Main Street, Waitsfield, VT 05673 | 802-496-5000 | www.mrvre.com