Mixed-Use Inn and
New
For Sale
$3,100,000
147 Main Street, Montpelier, VT 05602
Commercial Sale, Montpelier, VT
Property SizeContact for details
Lot Size1.25 Acres
Days on Market3
Property Features for 147 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
UC3
Rooms
Basement
Lot features
In Town, Near Shopping, Near Public Transport, Landscaped, Sidewalks
Standard status
Active
Lot size
1.25 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Business Included
Yes
Taxes and HOA fees
Tax Annual Amount
62810
Utilities
Water source
Public
Building Details
Building materials
Wood Frame
Roof type
Membrane, Slate
Listing Agency:
Berkley & Veller Greenwood Country
Listed By:
Eben Viens
(802) 254-6400
Added: Oct 23
Last Checked: Oct 25 at 11:06AM
MLS# 5115477
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Investment Insights
Based on property information with market context.
This 1.25-acre mixed-use property in downtown Montpelier brings together a 19-room inn and a separate residential building with 10 occupied apartments. The inn’s guest rooms each have a private bathroom, and guests are offered Wi-Fi and a continental breakfast. Two historic buildings make up the lodging component, with shared common areas and an existing commercial kitchen. The inn recorded 71% occupancy in 2025.
Main Street shops and restaurants, arts destinations, the Vermont State House, and Vermont College of Fine Arts are within walking distance. The property is located in Montpelier, Vermont’s capital, and is zoned UC3.
Main Street shops and restaurants, arts destinations, the Vermont State House, and Vermont College of Fine Arts are within walking distance. The property is located in Montpelier, Vermont’s capital, and is zoned UC3.
Key Highlights
- 19‑room inn with private bathrooms in every guest room
- 10 occupied apartments in a separate residential building
- Inn occupancy was 71% in 2025
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,426
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A lodging business and fully occupied apartments share an in-town property, combining guest accommodations with residential units.
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 bathrooms in every guest room; 10 occupied apartments in a separate residential building; Inn occupancy was 71% in 2025
