Mad River Valley Real Estate
9 Main Street, Montpelier, VT
List Price: $425,000
Bedrooms:
Bathrooms:
Sq. Ft.: 1189
Acres: 0.14
Mad River Valley Real Estate
5513 Main St, Waitsfield, VT 05673
Phone: 802-496-5000
Email: [email protected]
Website: www.mrvre.com
Property Description
An exceptional real estate investment opportunity in the heart of Montpelier, ideally positioned along vibrant Main Street. This .14± acre parcel offers both immediate utility and compelling long-term redevelopment potential. The existing structure has been well maintained and is suitable for a variety of commercial or mixed-use applications, providing flexibility for investors or owner-occupants seeking a prime downtown presence. Zoned to allow up to 100% lot coverage, the property presents a rare opportunity to maximize density in one of Vermont's most desirable urban centers. Current zoning supports the potential for a building of up to approximately 24,000 square feet, with a maximum height of 60 feet--opening the door to a five-story development with a footprint of roughly 4,800 square feet. Whether reimagined as residential, retail, office, or a dynamic mixed-use concept, the site offers the scale and flexibility to bring a visionary project to life. Surrounded by established businesses, government offices, and a steady flow of foot traffic, this Main Street location ensures lasting appeal and strong investment fundamentals. A unique chance to secure a strategic foothold in downtown Montpelier with both immediate income potential and significant future upside.
Property Details
Basic Information
- MLS Number:
- 5080398
- List Price:
- $425,000
Location
- Street:
- Main Street
- Building Number:
- 9
- City:
- Montpelier
- State:
- VT
- Zip:
- 05602
- County:
- Washington
Property
- Acres:
- 0.14
- Zoning:
- Urban
- Property Type:
- COM
Building
- Year Built:
- 1970
- Building Square Feet:
- 1189
- Construction:
- Wood Frame,Brick Veneer Exterior
- Square Feet:
- 1189
Exterior
- Roof:
- Membrane
Utilities
- Cooling:
- Mini Split
Other
- Broker Name:
- Pall Spera Company Realtors-Stowe
- Agent Name:
- Pall Spera
- Office Phone:
- 802-253-9771
- Status:
- Active
- Latitude:
- 44.258356
- Longitude:
- -72.576568
Photos
Listed by Pall Spera of Pall Spera Company Realtors-Stowe
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Mortgage calculator source: iHomefinder. Schools info source: GreatSchools. WalkScore source: WalkScore. Market Report Source: iHomefinder with data from PrimeMLS, Inc.