Approved for 219 units in 2007 at City Level, sunset in 2011, but could be revived. Mix of single, multi-family, and independent living. Beautiful mix of old pasture and woodlands in the heart of Montpelier. Walking trails, stone walls, large pine stands. Very convenient to all services, yet private and secluded. Excellent opportunity for an estate property or potential development. Access to water/sewer/power at street. Taxes are estimated based on information received in the most recent Montpelier Re-Appraisal. Access to Route 302 over a separate parcel for development purposes can also be negotiated. Broker owned.
Excellent opportunity to own prime commercial space in Montpelier near I89, public transportation, schools, CVMC Hospital and shopping. The 6,686 square foot building is currently comprised of 13 offices and 6 airbnb rooms, one full bath, one 3/4 bath and two half baths (one handicap accessible), two kitchenettes and over 30 parking spaces. There are many preserved original details throughout the front portion of the building including a spectacular two level porch with dramatic columns. This property has prime road frontage on Route 2/State Street and ample signage. It's is a 5 minute walk to the State House and center of town. Perfect for investment, conversion to rental property or 1031 exchange! The July flooding did affect the building but it has been restored and renovated as is ready for immediate occupancy. Also listed as multi-family: MLS#4987186
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