List Price: $749,000 | $202 per sq.ft. | 7 Bedroom | 3 Bathroom | 2 Story Single Family Home
Date Listed Monday May 20, 2024 | MLS# 5016606


Address: 159 State Street Montpelier VT
Listed by Yana Walder Lake Point Properties, LLC
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.

Location : Abuts Conservation | Commercial Zoning | In Town | Near Hospital | Near Railroad | Near Shopping | Village

Room Information:
Total Rooms: 10
Total Baths: 3
Full Baths: 1
1/2 Baths: 2
Bedrooms: 7
Basement: Bulkhead | Sump Pump | Interior Access | Exterior Access

Construction Information:
Year Built: 1804
Type: Clapboard Exterior | Wood Exterior

Building Info
Finished Sq.Ft.: 4807
Above Grade Sq.Ft.: 3709
Below Grade Sq.Ft.: 0
Apx Below Grade Unfinished Sq.Ft.: 500
Foundation: Concrete | Stone w/ Skim Coating

Exterior Info
Style: Other
Exterior Color White
Roof: Shingle - Asphalt
Parking: Off Street | On-Site | Parking Spaces 11 - 20 | Paved

Utilities
HeatFuel: Oil
Electric: Other
Water: Public
Sewer: Public

Land Description:
Level | Major Road Frontage | Wooded
Lot size: 1.2 acres
Zoned: Mixed Use Residential
Surveyed: Unk
Flood Zone: No
Seasonal: No
Roads: Paved | Public
Road Frontage: 190
Driveway: Paved

Additional Information
Taxes $13,341
Assesed Value Not Reported
Schools
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School

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