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    58 State St Montpelier, VT 05602

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    For Lease
    $19 SF/Yr ($8,775 /Mo)

    Convertible retail space in downtown Montpelier with parking.

    Property size:
    5,400 SF
    Lot size:
    0.32 Acres

    Property Features for 58 State St

    General Information

    Size
    5,400 SF
    Lot size
    0.32 Acres

    Source: V/T Commercial Agent Tony Blake

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Montpelier Retail/Restaurant Opportunity

    Located in downtown Montpelier, this stand-alone masonry building offers 5,400 square feet of space. Currently outfitted for office use, the property is convertible to other uses, including a brew pub, bar, or restaurant. The property features handicap accessibility, 14 on-site parking spaces, a waterfront deck, and historic character. It is situated in the heart of downtown Montpelier.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vermont Economic Development ... Financial Institution Vermont Housing & Conservation State Government Office Abrams Milton R Accountant

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montpelier
    County
    Washington
    State
    Vermont
    Longitude
    -72.577314
    Latitude
    44.2598434

    Nearby Similar for Lease

    • Contact for pricing

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      Montpelier Office Space Available

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      Retail Space in Downtown Montpelier

      Retail space available immediately in downtown Montpelier.
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    FAQs

    What type of property is this?
    Retail space - Convertible retail space in downtown Montpelier with parking.
    Where is this retail space located?
    The property is located at 58 State St Montpelier, VT.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Montpelier location.; - **14 on-site parking spaces** (rare downtown).; - Convertible to various uses (office, brew pub, bar, restaurant, etc.).
    (802) 343-0119
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    58 State St Montpelier, VT 05602
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    Montpelier, VT 05602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    58 State St Montpelier, VT 05602
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