Property summary
This exceptional 3,709 sq ft, two-story office building in Montpelier, Vermont, presents a unique investment opportunity. Situated on a 1.2-acre lot (52,272 sq ft) at 159 State Street, this historically significant property, built around 1808 and renovated in 2017, boasts 10 individual office units currently leased to a mix of professionals. The building features attractive historic details including fireplaces, wood floors, and custom woodwork, complemented by modern amenities such as a… kitchenette, three bathrooms (one with a shower), and a two-car garage. Ample parking is available with 12 spaces on-site. The property enjoys high visibility from VT Route 2 and convenient access to Interstate 89 exit 8. The basement has been improved with a sump pump and waterproofing (around 2016), and the building was unaffected by the 2023 flood. Zoned for mixed-use residential, this property offers significant potential for future development (verification with the zoning department is recommended). The asking price is $749,000, representing a price per square foot of $201.94. This is a gross lease with multiple tenants.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2021
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,748 SF
- Lot area
- 1.2 ac
- Year built
- 1804
- Stories
- 2
- APN
- (126) 148159000
- Assessed value · 2023
- $540,300
- Annual tax · 2021
- $13,678
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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