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


$749,000

MLS# 4996491
0 sq.ft. Bedroom | 0 Bathroom
Commercial
159 State Street Montpelier VT
 
$749,000 | $202 per sq.ft. Commercial Property, 159 State Street Montpelier VT | Space type Historic Building,Office Building MLS# 4996491


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 Residential MLS #5016606.
Building Type : Development | Investment | Office | Opportunity

Misc : Fire System | Showers | Smoke/Heat Detectors | Programmable Thermostat

Sale Includes : Land/Building
Signage-| Adequate
Price per SQFT | 201.94 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0
Rail Service-| Y


FEATURES AND DETAILS

CONSTRUCTION:
Clapboard Exterior | Price Per SQ.FT. 201.94 | Year Built: 1804
Eevators 0
No. of Units-| 10
Building Size | 3709
Available SQFT | 4322
Basement: Bulkhead | Sump Pump | Interior Access | Exterior Access
Building Type: Development | Investment | Office | Opportunity
Roof: Shingle - Asphalt
Garage And Parking: Assigned | Off Street | Parking Spaces 11 - 20 | Paved
Road Frontage: 190
Heating: Baseboard | Oil
Cooling: Other
Utilities: Other
No. of Docks | 0.
No. of Drive Doors | 3709.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 1.2 acres
Zoned: Mixed Use Residential
Flood Zone: No
Road Frontage: 190
Transport Info: City Street | Major Road Access | Public Transportation | State Highway | Town Highway | Paved
Taxes $13,341  | Assesed Value $0 in
15 Buck Rd. Hanover, NH 03755 603-643-3942

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