79-83 Main St - Storefront Retail/Office FOR SALE


Montpelier, VT 05602
$1,530,000 USD
714-400-6267
79-83 Main St, Montpelier, VT for Sale
$1,530,000 USD
Storefront Retail/Office - FOR SALE
1/1
null | 5.29% Cap Rate

79-83 Main St
Montpelier, VT 05602


HIGHLIGHTS

  • Corner mixed-use property with retail and office components in downtown Montpelier.
  • Established retail tenants provide active street presence along Main Street and East State Street.
  • Multiple office suites create diversified occupancy across the asset.

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

$1,530,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

5.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

Urban Center 1

APN/PARCEL ID

095-0790000

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.