Montpelier, VT | 159 State Street

$695,000
MLS#: 5091550
1.20
Acres
190
Road Frontage
4,620
SQ. Feet
$13,257
Taxes
1 of 35

General Property Information

Price:
$695,000
Property Status:
Active
County:
VT-Washington
Agency/Brokerage:
Yana Walder
Lake Point Properties, LLC

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.

Property Features

Year Built:
1804
# of Stories:
Road Frontage:
190
Zoning:
Mixed Use Residential
Acres:
1.20
Total Sq ft:
4620
# of units:
10
Parking:
Assigned,Off Street,Parking Spaces 11 - 20,Paved
Basement:
Bulkhead,Sump Pump,Interior Access,Exterior Access
Location:
Exterior Features:
Sales Includes:
Land/Building
Roof Style:
Asphalt Shingle
Type:
Free Standing Building,Historic Building,Office Building
Misc:
Fire System,Showers,Smoke/Heat Detectors,Programmable Thermostat
Foundation:
Concrete,Stone w/ Skim Coating
Fuel:
Heating & Cooling:
Baseboard,Oil
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2026-05-28
Last Updated:

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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