73 Main St - Office FOR SALE


Montpelier, VT 05602
$6,980,000 USD
714-400-6267
73 Main St, Montpelier, VT for Sale
$6,980,000 USD
Office - FOR SALE
1/3
null | 5.26% Cap Rate

73 Main St
Montpelier, VT 05602


HIGHLIGHTS

  • Landmark mixed-use asset anchored by nationally recognized and local retail tenants.
  • Diverse tenant mix includes retail, office, medical, professional, and residential uses.
  • Multiple long-term retail leases provide established occupancy within the property.

OVERVIEW

The Vermont Capital Portfolio consists of five properties and seven buildings located at 73 Main Street, 79-83 Main Street, 141 Main Street, 8 St. Paul Street, and 1-3-5 Spring Street in Montpelier, Vermont. The portfolio contains retail, office, multifamily residential, parking, and access-related real estate totaling 103,381 square feet. The offering price is $13,650,000. The properties are located within Montpelier's downtown district near the Vermont State House, government offices, businesses, and community institutions. Ownership reports completion of flood mitigation and resiliency improvements, including protection and relocation of critical building systems.

FOR SALE DETAILS

PRICE

$6,980,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

5.26%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

Urban Center 1

APN/PARCEL ID

095-073000

ASK ABOUT THIS PROPERTY

Spencer O'DonnellCharter Realty CompanyMore Info
714-400-6267

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Spencer O'DonnellCharter Realty CompanyMore Info
714-400-6267

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.