Montpelier, VT 05602,144 Elm ST
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Montpelier, VT 05602,144 Elm ST
Montpelier, VT 05602,144 Elm ST
Montpelier, VT 05602,144 Elm ST
Montpelier, VT 05602,144 Elm ST
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Listed by Timothy Heney • Heney Realtors - Element Real Estate (Montpelier) • Cell: 802-522-5260
$ 350,000
Est. payment /mo
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Under Contract

144 Elm ST Montpelier, VT 05602

1.32 Acres Lot


UPDATED:

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

Acres 1.32

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

Basement Crawl Space, Dirt Floor, Stairs - Interior, Sump Pump, Unfinished

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


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144 Elm ST