149 State Street Montpelier, Vermont 05602 MLS# 4987186

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For Sale Status

$975,000 List Price

Multi Type

0 Beds

0 Baths

6,686 Sqft

Listed By Jeanne Felmly of Dome Real Estate Group LLC
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Washington County

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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, Stairs - Interior, Unfinished, Interior Access
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, Near Hospital, Porch - Covered
Garage & Parking  No, Paved, 21+ Spaces, Paved
Road Frontage  90 Water Access  
Driveway  Paved Water Type  
Flood Zone  Yes Water Body  
Zoning  Mixed Use Residential
School District  Montpelier School District Middle  Main Street Middle School
Elementary  Union Elementary School High  Montpelier High School
Heat Fuel  , Oil Excluded  Antiques; Personal belongings; Artwork
Heating/Cool  Wall AC Units, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  Property Disclosure, Deed, Property Disclosure
Electric  100 Amp, Circuit Breaker Tax ID  40512611982
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† 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.