Excellent opportunity to own prime commercial/residential space in Montpelier near I89, public transportation, schools, CVMC Hospital and shopping. The6, 686square 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 commercial: MLS#4985913.
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The average household income in
Montpelier, VT
grew
from
$60,347
to
$60,793
in the past year. This data is an estimate based upon
3,687
households in
Montpelier, VT. The chart below presents how household income is distributed in
Montpelier, VT
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Montpelier, VT
compared to median property taxes around the country. The prevalent amount of property taxes in
Montpelier, VT
equals
$3k+
, which is
more
than the national average.