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Multi-Story Office and Retail Property
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89 Main Street, Montpelier, VT 05602

Multi-level commercial complex combining office and retail space with an attached parking garage.

Property Size90,000 SF
Price / SF$154.44
Days on Market5

Property Features for 89 Main Street

General Information

Standard status Active
Size 90,000 SF
Total Parking Spaces 105
Property subtype Mixed Use

Amenities

attached parking garage

Building Details

Building Size 90,000 SF
Tenancy Multi
Listing Agency: Nedde Real Estate
Listed By: Jaeger Nedde · License #VT 082.0134772
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 3:00PM

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 Nedde Real Estate

Investment Insights

Based on property information with market context.

This mixed-use commercial property combines multi-story office and retail space in a downtown building at 89 Main Street. The complex contains approximately 90,000 square feet and includes an attached parking garage with 105 spaces. Multiple long-term State of Vermont and government leases are in place.

The property is positioned in downtown Montpelier, within walking distance of government offices, shops, restaurants, the Vermont State House, banks, the public library, and a movie theater. Its Main Street setting places tenants and visitors near a broad range of dining, retail, civic, and service amenities.

Key Highlights

  • Approximately 90,000 square feet of office and retail space
  • Attached 105 car parking garage
  • Multiple long‑term State of Vermont and government leases

Property Analytics

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Current Use

Hughes Mathews Legal ... Law Firm Vermont Bankers Association ... Association / Organization City Center Shopping Center & Mall FedEx Drop Box Postal Service Northern Roots Beauty ... Hair Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,528
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
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-level commercial complex combining office and retail space with an attached parking garage.
Where is this mixed-use property located?
The property is located at 89 Main Street Montpelier, VT.
What is the asking price?
The asking price for this property is $13,900,000.
What are key features of this property?
This property features: Approximately 90,000 square feet of office and retail space; Attached 105 car parking garage; Multiple long‑term State of Vermont and government leases
(802) 777-0732 Call to check price and availability
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