A great opportunity to own a ~4,000 SF commercial office building on a 1.2 acre lot, just a short distance from downtown Montpelier, High School, National Life, 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 remote workers. Basement was improved with a sump pump and waterproofed around 2016. Recent improvements include roofing and exterior paint. The property was not affected by the 2023 flood. Development opportunity, please check with the zoning dept. Existing tenants provide income potential while still allowing flexibility for future owner occupancy. Seller is a licensed real estate agent with the listing office.
Welcome to this unique opportunity on Elm Street in Montpelier. This property features over an acre of land with garden beds, and a gazebo all within walking distance to downtown Montpelier. A covered porch brings you to the front door of this 3 bedroom home featuring a first floor bedroom, along with 2 additional rooms on the second floor. A finished basement, with additional 1/2 bath, is ready for the next resident's personal touch to transform this property. With over an acre of land available for gardening and outdoor recreation, as well as sidewalk access all the way to downtown Montpelier. Plenty of off street parking as well. Enjoy visits to the North Branch Nature Center, Montpelier City Pool, and recreation fields; all within a short walk. Featuring an updated boiler, water heater, and electrical work .This home is the perfect place to create new memories in the Capital City. Home is located outside the flood zone, and has had no issues with water.
An exceptional real estate investment opportunity in the heart of Montpelier, ideally positioned along vibrant Main Street. This .14± acre parcel offers both immediate utility and compelling long-term redevelopment potential. The existing structure has been well maintained and is suitable for a variety of commercial or mixed-use applications, providing flexibility for investors or owner-occupants seeking a prime downtown presence. Zoned to allow up to 100% lot coverage, the property presents a rare opportunity to maximize density in one of Vermontâ??s most desirable urban centers. Current zoning supports the potential for a building of up to approximately 24,000 square feet, with a maximum height of 60 feetâ??opening the door to a five-story development with a footprint of roughly 4,800 square feet. Whether reimagined as residential, retail, office, or a dynamic mixed-use concept, the site offers the scale and flexibility to bring a visionary project to life. Surrounded by established businesses, government offices, and a steady flow of foot traffic, this Main Street location ensures lasting appeal and strong investment fundamentals. A unique chance to secure a strategic foothold in downtown Montpelier with both immediate income potential and significant future upside.
Montpelier is located in Vermont. Montpelier, Vermont has a population of 7,966. Montpelier is more family-centric than the surrounding county with 27.25% of the households containing married families with children. The county average for households married with children is 25.52%.
The median household income in Montpelier, Vermont is $71,163. The median household income for the surrounding county is $70,128 compared to the national median of $69,021. The median age of people living in Montpelier is 44.7 years.
The average high temperature in July is 80.6 degrees, with an average low temperature in January of 5.5 degrees. The average rainfall is approximately 43.1 inches per year, with 96.1 inches of snow per year.
