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Listed by Pall Spera • Pall Spera Company Realtors-Stowe
$425,000
Est. payment /mo
1,189 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,189 sqft
Price per Sqft $357
MLS Listing ID 5080398
Year Built 1970
Lot Size 6,098 Sqft
Acres 0.14
Property Description
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.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning Urban
Interior
Cooling Mini Split
Inclusions Land/Building
Exterior
Utilities Available Cable Available, Telephone at Site
Roof Type Membrane
Building
Sewer Public
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