Mad River Valley Real Estate
159 State Street, Montpelier, VT
List Price: $749,000
Bedrooms: 7
Bathrooms: 3
Sq. Ft.: 3709
Acres: 1.2
Mad River Valley Real Estate
5513 Main St, Waitsfield, VT 05673
Phone: 802-496-5000
Email: info@mrvre.com
Website: www.mrvre.com
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 Commercial MLS #4996491.
Property Details
Basic Information
- MLS Number:
- 5016606
- List Price:
- $749,000
- Bedrooms:
- 7
- Bathrooms:
- 3
Location
- Street:
- State Street
- Building Number:
- 159
- 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:
- 1.20
- Lot Description:
- Level,
Major Road Frontage,
Wooded
- Zoning:
- Mixed Use Residential
- Driveway:
- Paved
- Roads:
- Paved,
Public
- Road Frontage:
- 190
- Property Type:
- SFR
Building
- Year Built:
- 1804
- Full Baths:
- 1
- Half Baths:
- 2
- Total Rooms:
- 10
- Basement:
- Bulkhead,
Sump Pump,
Interior Access,
Exterior Access
- Foundation:
- Concrete,Stone w/ Skim Coating
- Construction:
- Clapboard Exterior,Wood Exterior
- Square Feet:
- 3709
Exterior
- Roof:
- Shingle - Asphalt
Utilities
- Electric:
- Other
- Heating Fuel:
- Oil
- Cooling:
- Other
- Sewer:
- Public
Legal
- Surveyed:
- Unknown
- Taxes:
- $13,341.08
Amenities
- Garage Spaces:
- 2
Other
- Broker Name:
- Lake Point Properties, LLC
- Agent Name:
- Yana Walder
- Office Phone:
- 802-347-6100
- Status:
- Active
- Latitude:
- 44.262579
- Longitude:
- -72.587466
- Waterfront:
- No
Photos
Listed by Yana Walder of Lake Point Properties, LLC
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, 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 10/31/2024.
Mortgage calculator source: iHomefinder. Schools info source: GreatSchools. WalkScore source: WalkScore. Market Report Source: iHomefinder with data from PrimeMLS, Inc.