List Price: $350,000 | $53 per sq.ft. Commercial
Space type Church
Date Listed Monday Apr 21, 2025 | MLS# 5037117
Space type Church
Date Listed Monday Apr 21, 2025 | MLS# 5037117
To see this Listing
Address: 144 Elm Street Montpelier VT
Listed by Timothy Heney Heney Realtors - Element Real Estate (Montpelier) Cell: 802-522-5260
Description:
Situated on an expansive 1.3+ acre lot in vibrant Downtown Montpelier, this unique property has served as a church since 1945 and offers incredible potential for redevelopment or restoration. The 3-story, turn-of-the-century building is accompanied by a 1,240 sq ft single-story addition. The upper levels have been previously configured as apartments, providing a flexible layout for future use. While the property sustained damage during the July 2023 flooding, important steps have been taken to stabilize the structure, and major electrical entrances have been substantially updated--laying the groundwork for new possibilities. Whether you're considering residential, community, or mixed-use redevelopment, this site is ready for transformation. Adding to its appeal is a rare 20-car parking area, with 15 spaces currently leased and generating steady rental income. Don't miss this opportunity to bring new life to a historic property in one of Vermont's most charming and walkable downtowns.
Building Type : Multi-Family | Other
Misc : Living Space Available
Sale Includes : Land/Building
Listed by Timothy Heney Heney Realtors - Element Real Estate (Montpelier) Cell: 802-522-5260
Description:
Situated on an expansive 1.3+ acre lot in vibrant Downtown Montpelier, this unique property has served as a church since 1945 and offers incredible potential for redevelopment or restoration. The 3-story, turn-of-the-century building is accompanied by a 1,240 sq ft single-story addition. The upper levels have been previously configured as apartments, providing a flexible layout for future use. While the property sustained damage during the July 2023 flooding, important steps have been taken to stabilize the structure, and major electrical entrances have been substantially updated--laying the groundwork for new possibilities. Whether you're considering residential, community, or mixed-use redevelopment, this site is ready for transformation. Adding to its appeal is a rare 20-car parking area, with 15 spaces currently leased and generating steady rental income. Don't miss this opportunity to bring new life to a historic property in one of Vermont's most charming and walkable downtowns.
Building Type : Multi-Family | Other
Misc : Living Space Available
Sale Includes : Land/Building
Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1940
Wood Frame | Clapboard Exterior | Wood Siding
Price Per SQ.FT. 53.32 No. of Units: 4
Building Size : 6564
Building Type: Multi-Family | Other
Year Built: 1940
Wood Frame | Clapboard Exterior | Wood Siding
Price Per SQ.FT. 53.32 No. of Units: 4
Building Size : 6564
Building Type: Multi-Family | Other
ExteriorRoof: Shingle | Standing Seam
InteriorBasement: Crawl Space | Dirt Floor | Stairs - Interior | Sump Pump | Unfinished
Land Information
Lot size: 1.32 acres
Zoned: Mixed Use Residential
Garage And Parking: Driveway | Leased | Off Street | On-Site | Parking Spaces 11 - 20 | Reserved
No. of Docks | 0.
UtilitiesHeating: None
Cooling: None
Electric: 100 Amp | Circuit Breaker(s)
Utilities: Cable - Available | Telephone Available
AC % | 0.
Additional Information
Docs Available : Other | Property Disclosure
Taxes $0
Assesed Value Not Reported
Docs Available : Other | Property Disclosure
Taxes $0
Assesed Value Not Reported
Schools
