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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 Location
149 State Street Montpelier
Property Details
MLS# 4987186
Bedrooms 0
Garage Size Car
List Price 975,000
Total Bathrooms 0
Year Built 1860
Type Multi-Family
Lot Size 0.4800 Acres
Taxes $19,280
Units 0
Stories 2
Road Frontage 90
Annual Income $0
Style
Water Frontage
Annual Expenses $0
Finished 6,686 Sqft
Construction No, Existing
Zoning Mixed Use Residential
Above Grade 6,686 Sqft
Seasonal No
Total Rooms 0
Below Grade 0 Sqft
List Date Feb 23rd, 2024
Gross Income $0
Operating Expenses $0
Net Income $0
Expenses Includes
Construction
BasementInterior, Unfinished, No Tenant Access, Interior Stairs, No Tenant Access, Stairs - Interior, Unfinished
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Stone
House Color White
Floors Laminate, Carpet, Hardwood
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsFrom I89, take exit 8 toward Montpelier/US 2 onto Memorial Drive. Go 1 mile. Turn left onto Bailey Ave Ext, then left onto State Street. Second house on right, sign on property.
Lot DescriptionUnknown, Near Bus/Shuttle, Near Railroad, Commercial Zoning, Neighborhood, Porch - Covered
† The remarks published on this webpage originate from Listed By Jeanne Felmly of Dome Real Estate Group LLC via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.