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


$350,000

MLS# 5037117
sq.ft. Bedroom | 0 Bathroom
Commercial
144 Elm Street Montpelier VT
 
$350,000 | $53 per sq.ft. Commercial Property, 144 Elm Street Montpelier VT | Space type Church MLS# 5037117


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
Price per SQFT | 53.32 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

CONSTRUCTION:
Wood Frame | Clapboard Exterior | Wood Siding | Price Per SQ.FT. 53.32 | Year Built: 1940
No. of Units-| 4
Building Size | 6564
Basement: Crawl Space | Dirt Floor | Stairs - Interior | Sump Pump | Unfinished
Building Type: Multi-Family | Other
Roof: Shingle | Standing Seam
Garage And Parking: Driveway | Leased | Off Street | On-Site | Parking Spaces 11 - 20 | Reserved
Heating: None
Cooling: None
Electric: 100 Amp | Circuit Breaker(s)
Utilities: Cable - Available | Telephone Available
No. of Docks | 0.
No. of Drive Doors | 6564.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 1.32 acres
Zoned: Mixed Use Residential
Docs Available : Other | Property Disclosure
Taxes $0  | Assesed Value $0 in
15 Buck Rd. Hanover, NH 03755 603-643-3942

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