159 State Street Montpelier, VT

$749,000
Beds 7
Baths 3
Square Footage 3,709
Acres 1.20
Photo of 159 State Street Montpelier VT 05602




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.


Listed by Lake Point Properties, LLC, Yana Walder

Details

MLS 5016606
Price $749,000
Status Active
DOM 208 days
Type Single Family
Style Other
Beds 7
Total Baths 1 full, 2 half baths
Square Feet 3,709 sqft
Lot Size 1.20 acres
Year Built 1804
Taxes Paid $13,341

Lot & Building Features

Utilities Other
Construction Clapboard Exterior, Wood Exterior
Cooling Other
Heating Hot Water
Parking Description Off Street, Paved, Parking Spaces 11 - 20, On-Site
Sewer Public
Tax Year 2024
Taxes Paid $13,341
Water Public
Basement Description Bulkhead, Sump Pump, Interior Access, Exterior Access
Foundation Concrete, Stone w/ Skim Coating
Lot Description Level, Wooded, Major Road Frontage
Roof Shingle - Asphalt
Total Rooms 10
Garage Yes
Full Baths 1
Half Baths 2

Schools

Elementary School Union Elementary School
Junior High School Main Street Middle School
Senior High School Montpelier High School

Single Family for Sale: 159 State Street, Montpelier, VT 05602

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Financing

$
20%
1.7811855807744%
6.75%
$
$
$
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.


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