149 State Street Montpelier, VT
$940,000
Acres 0.48
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
Listed by Dome Real Estate Group LLC, Jeanne Felmly
Details
MLS 4985913
Price $940,000
Status Active
DOM 296 days
Type Commercial
Lot Size 0.48 acres
Year Built 1860
Taxes Paid $19,279
Lot & Building Features
Utilities Cable - At Site, Telephone Available
Construction Clapboard Exterior, Wood Frame
Heating Hot Water
Parking Description Parking Spaces 21+, Paved
Sewer Public
Tax Year 2023
Taxes Paid $19,279
Water Public
Basement Description Concrete Floor, Unfinished, Stairs - Interior, No Tenant Access, Interior Access, Insulated
Foundation Stone
Lot Description City Lot, Sidewalks, Level, Curbing
Roof Shingle - Asphalt
Map
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Financing
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6.75%
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$
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per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.