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Office Building with Covered Porch

46 East State Street, Montpelier, VT 05602

For Sale
$469,000

Three tenant offices share a kitchen and two remodeled bathrooms.

Property SizeContact for details
Days on Market118

Property Features for 46 East State Street

General Information

Standard status Active
Property subtype Commercial
Zoning Comm

Additional Details

Office Units 3
Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $9,086

Amenities

common kitchen
remodeled baths
covered porch
walkout basement with storage space

Building Details

Year Built 1870
Buildings 1
Units 3
Tenancy Multi
Listing Agency: Coldwell Banker Hickok & Boardman/E. Montpelier
Listed By: Janel Johnson
Source: Appleisland
Added: Jul 15 Changed: Nov 8 Last Checked: Nov 8 at 3:11PM

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 Coldwell Banker Hickok & Boardman/E. Montpelier

Rey
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Investment Insights

Based on property information with market context.

Built in 1870, this commercial office property offers space for three tenants, with a shared kitchen and two remodeled bathrooms. Interior details include hardwood flooring on the first level and built-in shelving and cupboards. A walkout basement provides storage, while the covered porch, off-street parking, and landscaped grounds add to the property’s features.

The building is zoned Comm and sits near downtown amenities in Montpelier. A change-of-use permit would be required to convert the property to a single-family residence. The property is not in a flood zone.

Key Highlights

  • Office configuration accommodates 3 tenants
  • Shared kitchen and 2 remodeled bathrooms
  • First‑floor hardwood flooring and built‑in shelving and cupboards

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Rural Vermont Charitable Organization Montpelier Natural Health ... Alternative Medicine Practice Stonecliff Veterinary Clinic Veterinary Clinic Meyer Forestry Services Business Management Consultant

Suggested Use

Top Pick Auto Repair Shop HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,461
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Three tenant offices share a kitchen and two remodeled bathrooms.
Where is this office building located?
The property is located at 46 East State Street Montpelier, VT.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Office configuration accommodates 3 tenants; Shared kitchen and 2 remodeled bathrooms; First‑floor hardwood flooring and built‑in shelving and cupboards
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