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 Vermont’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 feet—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.
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. ***Open House this Sunday, May 3, 2026 10-12 noon***
© 2026 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice.
