159 State Street Montpelier, Vermont 05602 MLS# 5016606

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For Sale Status

$749,000 List Price

House Type

7 Beds

3 Baths

3,709 Sqft

Listed By Yana Walder of Lake Point Properties, LLC
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Washington County

159 State Street
159 State Street
159 State Street
159 State Street
159 State Street
159 State Street
159 State Street
159 State Street
159 State Street
159 State Street
159 State Street

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.

Property Location

159 State Street Montpelier

Property Details

List Price  $749,000 Total Rooms  10 List Date  May 20th, 2024
Cooperation Fee  Unknown Lot Size  1.2 Acres Taxes $13,341
MLS#  5016606 Days on Market  179 Days Tax Year 2024
Type  House Stories  2 Road Frontage  190
Bedrooms  7 Style  Near Railroad Water Frontage  
Full Bathrooms  1 Finished  3,709 Sqft Construction  No, Existing
3/4 Bathrooms  0 Above Grade  3,709 Sqft Seasonal  No
Half Bathrooms  2 Below Grade  0 Sqft Year Built  1804
1/4 Bathrooms  0 Garage Size  2 Car County  Washington
Interior Features
Equipment & Appliances
Construction
BasementWalkout, Bulkhead, Sump Pump, Interior Access, Exterior Access
Exterior Features
Exterior   Disability Features  
Foundation  Concrete, Stone w/ Skim Coating House Color  White
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
Directions
Lot Description, Abuts Conservation, Near Railroad, Village, Near Shopping, Village, Near Hospital
Garage & Parking  Off Street, On-Site, Parking Spaces 11 - 20, Paved
Road Frontage  190 Water Access  
Suitable Use Water Type  
Driveway  Paved Water Body  
Flood Zone  No Zoning  Mixed Use Residential
School District  Montpelier School District Middle  Main Street Middle School
Elementary  Union Elementary School High  Montpelier High School
Heat Fuel  Oil Excluded  
Heating/Cool  Other, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Other Tax ID  405-126-10005
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† The remarks published on this webpage originate from Listed By Yana Walder of Lake Point Properties, LLC via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.