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    89 Main St Montpelier, VT 05602

    Sponsored
    For Lease
    $15 SF/Yr ($3,641 /Mo)

    Prime Montpelier location; flexible office suites.

    Lot size:
    2,913 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property at 89 Main Street in Montpelier, Washington County, offers a unique leasing opportunity in a vibrant downtown setting. The building totals 2,913 square feet and is currently fully vacant, presenting a rare chance to occupy the entire space or a portion thereof. Multiple tenancy options are available, with suites ranging from a minimum of 500 square feet to a maximum contiguous space of 2,413 square feet. The property boasts excellent signage opportunities and is meticulously maintained, offering both street and interior access. The flexible floor plan allows for customization to suit a variety of business needs, making it ideal for office, retail, or service-based businesses. An attached parking garage provides convenient parking for tenants and their clients. This location benefits from its proximity to established businesses such as the Skinny Pancake, Edward Jones, and Vermont state government offices, ensuring high visibility and foot traffic. The property's central location and amenities make it an attractive option for businesses seeking a prominent presence in the heart of Montpelier. Two suites are immediately available, one at 2,413 square feet and another at 500 square feet.

    Property Features for 89 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,913 SF
    Total Rate
    3641.25

    Unit(s) available at that property

    Space
    3rd floor office space
    Size
    3,000 SF
    Rate per SF
    $15

    HighLights

    • 89 Main Street, Montpelier, Washington County, offers 2,913 square feet of retail and office space for lease.
    • The property features multiple tenancies with a minimum divisible space of 500 square feet and a maximum contiguous space of 2,413 square feet.
    • The entire 2,913 square feet is currently vacant.
    • The property offers excellent signage, street and interior access, and a flexible floor plan.
    • An attached parking garage is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hughes Mathews Legal ... Personal Injury Attorney Vermont Bankers Association ... Association / Organization City Center Shopping Mall FedEx Drop Box Mailing Service Northern Roots Beauty ... Hair Salon

    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
    -72.5746165
    Latitude
    44.2602388

    Nearby Comparable

    • $14 SF/Yr
      5,135 SF

      Montpelier Retail Space Available

      Former bank branch in the heart of Montpelier.
      90 Main St, Montpelier, VT 05602
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    • $23 SF/Yr
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      Downtown Montpelier Retail Space Available

      Retail space available immediately in downtown Montpelier.
      26 State St, Montpelier, VT 05602
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    • Contact for pricing

      Downtown Montpelier Retail Space

      Prime retail space in the heart of downtown Montpelier.
      54 Main St, Montpelier, VT 05602
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    • $20 SF/Yr
      1,200 SF

      Retail Space Available Immediately

      Retail space with bathroom and basement, ready for immediate occupancy.
      50 Main St, Montpelier, VT 05602
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    • $2,500 /Mo
      2,500 SF

      Downtown Office Suite For Rent

      Downtown office suite with private offices, kitchenette, and multiple bathrooms.
      41-45 State St, Montpelier, VT 05602
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    • $16 SF/Yr
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      Retail Space in Downtown Montpelier

      Retail space available immediately in downtown Montpelier.
      29 Main St, Montpelier, VT 05602
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    • $19 SF/Yr
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      Downtown Montpelier Retail/Restaurant Opportunity

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      58 State St, Montpelier, VT 05602
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    • $13 SF/Yr
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      Downtown Montpelier Office Space

      Spacious office in downtown Montpelier near statehouse and amenities.
      22 Elm St, Montpelier, VT 05602
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    • $17 SF/Yr
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      Turnkey Office Space For Rent

      Turnkey office space with riverfront location and easy access.
      575 Stone Cutters Way, Montpelier, VT 05602
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    • $17 SF/Yr
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      Montpelier Office Space Available

      Office space for rent in a prime Montpelier location.
      148 State St, Montpelier, VT 05602
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    • $17 SF/Yr
      14,700 SF

      Renovated Industrial Space for Lease

      Recently renovated industrial space suitable for manufacturing or brewery.
      43 Granite Shed Ln, Montpelier, VT 05602
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    • Contact for pricing
      5,500 SF

      Retail Space in Barre Center

      Prime retail space with high visibility and immediate occupancy.
      1400 Us Route 302, Barre, VT 05641
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    Nearby Similar for Lease

    • Contact for pricing

      Downtown Montpelier Retail Space

      Prime retail space in the heart of downtown Montpelier.
      54 Main St, Montpelier, VT 05602
      View Details
    • $17 SF/Yr
      14,700 SF

      Renovated Industrial Space for Lease

      Recently renovated industrial space suitable for manufacturing or brewery.
      43 Granite Shed Ln, Montpelier, VT 05602
      View Details
    • $19 SF/Yr
      5,400 SF

      Downtown Montpelier Retail/Restaurant Opportunity

      Convertible retail space in downtown Montpelier with parking.
      58 State St, Montpelier, VT 05602
      View Details
    • $17 SF/Yr
      3,750 SF

      Montpelier Office Space Available

      Office space for rent in a prime Montpelier location.
      148 State St, Montpelier, VT 05602
      View Details
    • $13 SF/Yr
      10,601 SF

      Downtown Montpelier Office Space

      Spacious office in downtown Montpelier near statehouse and amenities.
      22 Elm St, Montpelier, VT 05602
      View Details
    • $16 SF/Yr
      9,000 SF

      Retail Space in Downtown Montpelier

      Retail space available immediately in downtown Montpelier.
      29 Main St, Montpelier, VT 05602
      View Details
    • $17 SF/Yr
      2,460 SF

      Turnkey Office Space For Rent

      Turnkey office space with riverfront location and easy access.
      575 Stone Cutters Way, Montpelier, VT 05602
      View Details
    • $2,500 /Mo
      2,500 SF

      Downtown Office Suite For Rent

      Downtown office suite with private offices, kitchenette, and multiple bathrooms.
      41-45 State St, Montpelier, VT 05602
      View Details
    • $20 SF/Yr
      1,200 SF

      Retail Space Available Immediately

      Retail space with bathroom and basement, ready for immediate occupancy.
      50 Main St, Montpelier, VT 05602
      View Details
    • $14 SF/Yr
      5,135 SF

      Montpelier Retail Space Available

      Former bank branch in the heart of Montpelier.
      90 Main St, Montpelier, VT 05602
      View Details
    • $23 SF/Yr
      1,300 SF

      Downtown Montpelier Retail Space Available

      Retail space available immediately in downtown Montpelier.
      26 State St, Montpelier, VT 05602
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime Montpelier location; flexible office suites.
    Where is this individual retail property located?
    The property is located at 89 Main St Montpelier, VT.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 89 Main Street, Montpelier, Washington County, offers 2,913 square feet of retail and office space for lease.; The property features multiple tenancies with a minimum divisible space of 500 square feet and a maximum contiguous space of 2,413 square feet.; The entire 2,913 square feet is currently vacant.
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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
    89 Main St Montpelier, VT 05602
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