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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
11
Photos
159 State Street, Montpelier, VT 05602
$749,000 Asking Price
$---/mo Est. Payment Get Prequalified »
7
beds
3
baths
4,807
sqft
Built in
1804
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.
Features & Amenities
Interior
- Basement:
- Bulkhead,Exterior Access,Interior Access,Sump Pump
- A/C:
- Other
- Heating:
- Hot Water, Oil
Exterior
- Parking:
- Off Street,On-Site,Parking Spaces 11 - 20,Paved
Construction
- Roofing:
- Shingle - Asphalt
- General:
- 2, Concrete,Stone w/ Skim Coating
Location
- Road/Access:
- Paved,Public
- School District:
- Montpelier School District
- County:
- VT-Washington
Lot
- Driveway:
- Paved
- Zoning:
- Mixed Use Residential
Utilities
- Utilities:
- Other
- Sewer:
- Public
This listing courtesy of:
Lake Point Properties, LLC, Yana Walder
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Montpelier, VT
Housing
- Number of Units
- 5,980
- Median Home Value
- $255,165
- Median Rent
- $952
36.90% of housing units are renter occupied.
6.65% are vacant.
Commute
- Car
-
63.95%
- Public Transportation
-
2.15%
- Walk to Work
-
9.19%
- Work from Home
-
23.44%
- Other
-
0.27%
The median travel time to work is 16 minutes.
People
- Population
- 12,145
- Median Age
- 46.00
- Median Household Size
- 2.26
Education
- High School
-
21.27%
- Associate’s Degree
-
6.18%
- Bachelor’s Degree
-
28.11%
- Graduate Degree
-
25.92%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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