144 Elm ST Under Contract Save Request In-Person Tour Request Virtual Tour
Montpelier,VT 05602
Key Details
Property Type Commercial
Sub Type Multi-Family,Other
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 5037117
Year Built 1940
Tax Year 2024
Lot Size 1.320 Acres
Property Sub-Type Multi-Family,Other
Property Description
Situated on an expansive 1.3+ acre lot in vibrant Downtown Montpelier, this unique property has served as a church since 1945 and offers incredible potential for redevelopment or restoration. The 3-story, turn-of-the-century building is accompanied by a 1,240 sq ft single-story addition. The upper levels have been previously configured as apartments, providing a flexible layout for future use. While the property sustained damage during the July 2023 flooding, important steps have been taken to stabilize the structure, and major electrical entrances have been substantially updated—laying the groundwork for new possibilities. Whether you're considering residential, community, or mixed-use redevelopment, this site is ready for transformation. Adding to its appeal is a rare 20-car parking area, with 15 spaces currently leased and generating steady rental income. Don't miss this opportunity to bring new life to a historic property in one of Vermont's most charming and walkable downtowns.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning Mixed Use Residential
Rooms
Basement Entrance Interior
Interior
Cooling None
Inclusions Land/Building
Exterior
Parking Features Driveway,Leased,Off Street,On-Site,Parking Spaces 11 - 20,Reserved
Garage Description Driveway,Leased,Off Street,On-Site,Parking Spaces 11 - 20,Reserved
Utilities Available Cable - Available,Telephone Available
Roof Type Shingle,Standing Seam
Building
Foundation Concrete,Fieldstone
Sewer Metered,Public,Public Sewer On-Site