Listing Provided Courtesy Of:
Jenny Flower with New England Landmark Realty LTD.

$3,200,000 147 Main Street Montpelier, VT

MLS: 4680692   Type: Single Family   County: Washington   City: Montpelier   Area: Washington   Zip: 05602   Style: Apartment Building,Colonial,Conversion,Federal,His   # Rooms: 39    Stories: 2   Taxes: $53,025

Mortgage $15,023 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

32

29

3

19,256

1.25

1780

Saturated with stately elegance and prominently poised at the head of Main Street, this aesthetically preserved property has been a respected historic landmark admired for generations. Constructed just after Montpelier was settled, the original 2 residences and barn were built and occupied by a well-known businessman and respected doctor. After several additions, remodels and renovations, the 2 front buildings have transitioned into The Inn at Montpelier and the rear barn building houses 10 fully furnished apartments. The white Federal and yellow Greek Revival homes that currently make up the 19-bedroom inn, offer numerous bedrooms, living rooms, dining rooms, a parlor, pantries, a large kitchen, wood burning fireplaces, porches and a relaxing wraparound veranda – space that holds various options and abundant potential! New owners can convert the homes back to single family residences or easily modify them to become multi-family properties and/or house air B&B’s. At one point, a fine dining restaurant was run out of the property and all food & beverage service permits and licenses remain in place and current to serve 44 guests. Just imagine the many creative ways all of this square footage can be used! Excellently maintained, an in-town location that can’t be beat with commercial zoning and plenty of off-street parking, this is a beautifully appealing property in so many ways! Apartment can be included for $4,000,000 or separately for $800,000 but Inn buyer has first option

Elementary School

Middle School

High School

Union
Distance: 0.18 Miles
Main Street
Distance: 0.15 Miles
Montpelier
Distance: N/A Miles

Price History

3/14/2018 Listed $4,000,000
4/5/2018 20% - $3,200,000

Area Description Commercial Zoning, Historic District, In Town, Near Shopping, Preservation District, Near Public Transportatn
Bathrooms 32
Construction Wood Frame
Construction Status Existing
Elementary School Union Elementary School
Features - Accessibility 1st Floor 1/2 Bathroom, 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Hard Surface Flooring
High School Montpelier High School
Middle School Main Street Middle School
Resort No
School District Washington
Suitable Use Bed and Breakfast, Commercial, Residential
Type Single Family
Zoning CB-2 HDR

Interior Features

3/4 Baths 0
Basement Yes
Basement Access Type Interior
Basement Description Concrete, Dirt, Unfinished
Baths - 1/4 0
Cooling Wall AC Units
Electric Circuit Breaker(s)
Equipment Security System, Smoke Detectr-Hard Wired, Sprinkler System
Flooring Carpet, Ceramic Tile, Hardwood, Softwood, Tile
Full Baths 29
Half Baths 3
Heating Baseboard, Hot Water, Steam, Stove - Pellet
Heating Fuel Oil, Pellet
Interior Features Attic, Bar, Blinds, Dining Area, Draperies, Fireplace - Wood, Fireplaces - 3+, Furnished, Hearth, In-Law/Accessory Dwelling, In-Law Suite, Kitchen/Dining, Kitchen/Family, Kitchen/Living, Laundry Hook-ups
Sqft-apx Fin Above Grade 19256
Sqft-apx Fin Below Grade 0
Sqft-apx Total 28714
Sqft-apx Total Finished 19256
Sqft-apx Unfn Above Grade 1258
Sqft-apx Unfn Below Grade 8200
Total Rooms 39
Water Heater Other

Exterior Features

Driveway Common/Shared, Paved
Exterior Clapboard, Wood
Exterior Features Balcony, Guest House, Porch, Porch - Covered, Porch - Enclosed, Porch - Screened, Storage
Foundation Concrete, Fieldstone, Stone
Garage Yes
Garage Capacity 4
Garage Type Detached
Lot Description City Lot, Deed Restricted, Landscaped, Level, Sidewalks
Lot Size Area 1.25
Parking Driveway, Garage, Off Street, Parking Spaces 21+, Paved, Covered
Road Frontage TBD
Roads Paved, Public
Roof Membrane, Slate
Sewer Metered, Public
Water Metered, Public

Property Schools



Direct Link:

http://john.welcomehomevermont.com/property/85-4680692-147-Main-Street-Montpelier-VT-05602

Gallery (40 photos)

Listing Provided Courtesy Of:
Jenny Flower with New England Landmark Realty LTD.

Ask Your Agent a Question

Property vs Zip Code Avg (05602)

Price 3.20M Avg 503K

Sqr Feet 19,256 Avg 3,041

Cost / Sqr Ft $166 Avg $166

Taxes $53,025 Avg $8,825

Acres 1.25 Avg 15.7

Visits 62 Avg 13

Days on Site 114 Avg 158

Walkscore® 88 Avg 43

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Listing Provided Courtesy Of: Jenny Flower with New England Landmark Realty LTD.




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Location & Address

John Abry
875 Roosevelt Highway, Suite 210
Colchester, VT
802-274-5806
802-655-0400