Properties Near 144 Elm Street Montpelier, VT

Attention investors! Classic historic building, with mixed commercial/office and residential use, in a convenient downtown Montpelier location. The unit mix includes three 1-bedroom apartments, and an assortment of small private offices and suites. Potential to expand the residential use. Some units are leased and some vacant, offering flexible opportunity for the future owner. Charming historic wood details, nice natural light, small shared backyard, and river views. Flood protection measures in place, including raised boiler and electric panel. New boiler and mansard roof within the last year. Agent is related to the seller.

Situated on an expansive 1.3+ acre lot in vibrant Downtown Montpelier, this unique property has served as a church since 1945 and offers incredible potential for redevelopment or restoration. The 3-story, turn-of-the-century building is accompanied by a 1,240 sq ft single-story addition. The upper levels have been previously configured as apartments, providing a flexible layout for future use. While the property sustained damage during the July 2023 flooding, important steps have been taken to stabilize the structure, and major electrical entrances have been substantially updated—laying the groundwork for new possibilities. Whether you're considering residential, community, or mixed-use redevelopment, this site is ready for transformation. Adding to its appeal is a rare 20-car parking area, with 15 spaces currently leased and generating steady rental income. Don’t miss this opportunity to bring new life to a historic property in one of Vermont’s most charming and walkable downtowns.

Welcome to the Union Block, circa 1915, situated on the south side of State Street in the heart of Downtown Montpelier. This second-floor commercial condominium unit, part of an eight-unit association, offers approximately 4,446 square feet of flexible office space. Featuring thirteen large, bright rooms connected by a common hallway, this space boasts solid period features including high ceilings, wide natural woodwork, and large double-hung windows. The layout is adaptable for multiple tenants or can serve as a single substantial office suite. The unit includes a shared bathroom, janitorial closet, and both front and rear stairwells for easy access. Heat is provided by a steam boiler operated by the condominium association, with electric panels conveniently located at the rear hallway landing. Just up the street from the State Capitol Complex and close to state offices, shops, and restaurants, this is a prime opportunity to own a piece of Montpelier's history. Additionally, a city-managed parking lot is immediately behind the property, ensuring convenience. Don't miss this chance to own a landmark downtown space in an unbeatable location!