Mixed-Use Inn and Apartment
New
For Sale
$3,100,000
147 Main Street, Montpelier, VT 05602
The property combines a 19-room lodging operation with a fully occupied residential apartment building.
Property Size18,205 SF
Lot Size1.25 Acres
Price / SF$170.28
Days on Market4
Property Features for 147 Main Street
General Information
Standard status
Active
Size
18,205 SF
Lot size
1.25 Acres
Property subtype
Commercial
Lease Term
[]
Financials
Asking Price
$3,100,000
Business Included
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Multifamily Units
10
Listing Agency:
Berkley & Veller Greenwood Country
Listed By:
Eben Viens
(802) 257-2360
Source:
Berkleyveller
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 24 at 3:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkley & Veller Greenwood Country
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Investment Insights
Based on property information with market context.
At 147 Main Street, this 18,205-square-foot property spans 1.25 in-town acres and combines two adjacent historic buildings with a rear residential building. The inn has 19 guest rooms, each with a private bath, plus an existing commercial kitchen and common rooms. Complimentary Wi-Fi and daily continental breakfast are provided. In 2025, inn occupancy was 71%. The residential building contains 10 fully occupied apartments, separate from the guest-room operation.
The property is in downtown Montpelier, within walking distance of the Vermont State House, Main Street dining and retail, arts venues, and the Vermont College of Fine Arts.
The property is in downtown Montpelier, within walking distance of the Vermont State House, Main Street dining and retail, arts venues, and the Vermont College of Fine Arts.
Key Highlights
- 19‑room inn with private baths in every guest room
- Rear residential building contains 10 fully occupied apartments
- 18,205 square feet on 1.25 in‑town acres
Property Analytics
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Current Use
Lease Details
10
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,426
Businesses Nearby
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Business Placement
Demographics for 05602, VT
12,235
Population
5,961
Households
2.1
Avg Household Size
46
Median Age
61%
College-Educated
97%
High-School Grad
87.8 sq mi
ZIP Area
139
Density / Sq Mi
$81,552
Median Household Income
$51,127
Median Earnings
$1,184
Median Rent
$341,700
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a 19-room lodging operation with a fully occupied residential apartment building.
Where is this mixed-use property located?
The property is located at 147 Main Street Montpelier, VT.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 19‑room inn with private baths in every guest room; Rear residential building contains 10 fully occupied apartments; 18,205 square feet on 1.25 in‑town acres
