Listing Provided Courtesy Of:
Pall Spera with Pall Spera Company Realtors-Stowe.
Address
9 Main Street Montpelier, VT
Price
$ 459,000
Property Attributes
  • MLS#4799918
  • TypeCommercial
  • CountyWASHINGTON
  • CityMontpelier
  • AreaWashington
  • Zip05602
  • StyleInvestment
  • Year Built1970
  • Taxes$ 7704
  • Price$ 459,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1189
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Pall Spera with Pall Spera Company Realtors-Stowe.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

A real estate only investment opportunity on Main Street in Montpelier! The existing structure has been well maintained and could be utilized for many purposes. The .14 acre site allows for 100% building coverage based on city zoning. Therefore, the site could potentially support a structure size of 24,000 SF with a maximum height of 60 Feet which would translate to a 5 story building with a base area of 4,800 SF. Possible option of lease back from the existing business also exists.

Price History
4/1/2020 Listed $525,000
8/12/2020 6% - $495,000
2/27/2021 8% - $459,000

General Features

Basement No
Building Name Capitol Dry Cleaners
Construction Wood Frame
Cooling Mini Split
Flood Zone Unknown
Heating Hot Water
Listing Area VT-Washington
Parking On-Site, On Street, Paved
Price Per Sq Ft 386.04
Road Frontage Yes
Roof Membrane
Sewer Public
Status Active
Tax Year 2020
Utilities Cable - Available, High Speed Intrnt -Avail, Telephone At Site
Water Public Water - On-Site
Year Built 1970
Zoning Urban

Interior Features

Heating Fuel Oil
Total Number of Units 1

Exterior Features

Exterior Brick Veneer
Foundation Concrete
Lot Size Area 0.14

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 05602

Statistics provided by Inside Real Estate

Price
AVG $390K
$460K
Taxes
AVG $10,825
$7,704
Visits
AVG 32
68
Year Built
AVG 1928
1970
Walkscore
AVG 68
91
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.