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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$940,000

Price Change! reduced by $35,000 on August 30th 2024
MLS# 4985913
sq.ft. Bedroom | 0 Bathroom
Commercial
149 State Street Montpelier VT
 
Price Change! reduced by $35,000 on August 30th 2024
$940,000 | $141 per sq.ft. Commercial Property, 149 State Street Montpelier VT | Space type MLS# 4985913


DESCRIPTION

Excellent opportunity to own prime commercial 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 multi-family: MLS#4987186
Building Type : Business | Hospitality | Investment | Multi-Family | Office

Disability Features : 1st Floor Bedroom | 1st Floor Full Bathroom | Access Parking | Kitchenette w/5 Ft. Diam | No Stairs from Parking | One-Level Business | Paved Parking | Zero-Step Entry Ramp

Equipment : CO Detector | Smoke Detectr-Batt Powrd | Smoke Detectr-Hard Wired

Misc : Living Space Available | Smoke/Heat Detectors | Heat Included

Sale Includes : Land/Building
Signage-| Adequate
Price per SQFT | 140.59 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

CONSTRUCTION:
Wood Frame | Clapboard Exterior | Price Per SQ.FT. 140.59 | Year Built: 1860
No. of Units-| 0
Building Size | 6686
Available SQFT | 6686
Basement: Concrete Floor | Insulated | No Tenant Access | Stairs - Interior | Unfinished | Interior Access
Building Type: Business | Hospitality | Investment | Multi-Family | Office
Roof: Shingle - Asphalt
Garage And Parking: Parking Spaces 21+ | Paved
Road Frontage: 90
Heating: Hot Water | Oil
Electric: Circuit Breaker(s)
Utilities: Cable - At Site | Telephone Available
No. of Docks | 0.
No. of Drive Doors | 6686.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 0.48 acres
Zoned: Mixed Use Residential
Flood Zone: Yes
Road Frontage: 90
Docs Available : Aerials | Deed | Tax Map
Taxes $19,280  | Assesed Value $853,200 in 2023
15 Buck Rd. Hanover, NH 03755 603-643-3942

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