149 State ST Active Save Request In-Person Tour Request Virtual Tour
Montpelier,VT 05602
Key Details
Property Type Commercial
Sub Type Business,Hospitality,Investment,Multi-Family,Office
Listing Status Active
Purchase Type For Sale
Square Footage 6,686 sqft
Price per Sqft $140
MLS Listing ID 4985913
Year Built 1860
Annual Tax Amount $19,279
Tax Year 2023
Lot Size 0.480 Acres
Acres 0.48
Property Description
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
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning Mixed Use Residential
Rooms
Basement Entrance Interior
Basement Concrete Floor,Insulated,No Tenant Access,Stairs - Interior,Unfinished,Interior Access
Interior
Heating Oil
Inclusions Land/Building
Equipment CO Detector,Smoke Detectr-Batt Powrd,Smoke Detectr-Hard Wired
Exterior
Parking Features Parking Spaces 21+,Paved
Garage Description Parking Spaces 21+,Paved
Utilities Available Cable - At Site,Telephone Available
Roof Type Shingle - Asphalt
Building
Foundation Stone
Sewer Public