List Price: $695,000 | $150 per sq.ft. Commercial
Space type
Listed Thursday May 28, 2026 | MLS# 5091550
159 State Street Montpelier VT
Listed by Yana Walder Lake Point Properties, LLC
A great opportunity to own a ~4,000 SF commercial office building on a 1.2 acre lot, just a short distance from downtown Montpelier, High School, National Life, and the Vermont State House. The property was built around 1809 and for a time was maintained as an official residence for Vermont's governors called the Chester Wright House. Great visibility from VT Route 2, good signage, convenient and immediate access to Interstate 89 exit 8, large paved parking lot onsite with 14+ spots. Building offers 10 single offices, a kitchenette, 3 bathrooms (one with a shower), and a two car garage. Beautiful historic details like fireplaces, wood floors, and custom woodwork add to the charm. Offices have lots of natural light and are currently leased to professionals, including counseling therapists, artists, and remote workers. Basement was improved with a sump pump and waterproofed around 2016. Recent improvements include roofing and exterior paint. The property was not affected by the 2023 flood. Development opportunity, please check with the zoning dept. Existing tenants provide income potential while still allowing flexibility for future owner occupancy. Seller is a licensed real estate agent with the listing office.
Sale Includes : Land/Building

Signage: Adequate
Rail Service: Y
Transport Info: City Street | Major Road Access | Public Transportation | State Highway | Town Highway | Paved
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1804
Clapboard Exterior
Price Per SQ.FT. 150.43 No. of Units: 10
Building Size : 4620
Available SQFT : 4620

ExteriorRoof: Asphalt Shingle

InteriorBasement: Bulkhead | Sump Pump | Interior Access | Exterior Access

Land Information

Lot size: 1.2 acres
Zoned: Mixed Use Residential
Road Frontage: 190
Road Frontage: 190
No. of Docks | 0.

UtilitiesHeating: Baseboard | Oil
Cooling: Other
Utilities: Other
AC % | 0.



Taxes $13,257
Assesed Value Not Reported
Schools

© 2000-2026 Clerkin Agency Real Estate
NEREN Logo
565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 2nd, 2026

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM