Commercial Real Estate Market in Montpelier, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
23 active listings and 273 off-market properties in Montpelier, VT.
Market Trends
Montpelier, VT spans 87.8 square miles in Washington County, Vermont. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Montpelier, VT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Montpelier, VT runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Montpelier, VT runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Washington County, multifamily space asks $138/SF to buy. Multifamily vacancy in Montpelier, VT runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 79.8%
- Civic 6.5%
- Mixed use 5.6%
- Commercial 2.1%
- Special 1.7%
Largest Zones share of zoned land by district
Montpelier, VT zones 6,617 acres across 14 districts. Commercial zoning covers 2.1% of zoned land, residential 79.8%. The largest single district is Rural at 43.6%. For commercial buyers the practical constraint is that only 2.1% of land carries a commercial or industrial designation.
Section 2113. Rural (RL) District & Neighborhoods 2113.A Purpose. The Rural District is composed mainly of large landholdings used for rural residential, agricultural, forestry, recreation, open space, conservation and other natural resource-based purposes. Generally, land in this district is not served by city water or sewer or by roads capable of accommoda…
Market overview
Demographics & Economy
Montpelier, VT has 12,235 residents in 5,961 households. Density runs 139 people per square mile. Median household income here is $81,552 and median gross rent $1,184 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Montpelier?
What zoning applies to commercial property in Montpelier?
Where does Realmo's Montpelier market data come from?
Methodology & data sources
- Asking prices and medians
- There are 18 active for-sale and 5 active for-lease listings in Montpelier, VT. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,617 zoned acres across 14 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
