144 Elm StreetMontpelier, VT 05602MLS Number 5037117

  • Price: $350,000
  • 28 Days on Market
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Federal 30-year interest rate: 6.81% last updated on May 15, 2025
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Active with Contract
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  • 1.32Acreage
  • 1940Year Built
  • 6,564Square Feet
Listed by Tim Heney of Heney Realtors, Montpelier Office (802-229-0345)
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.

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More Info

Basic Information

  • PermissionOther, Property Disclosure

Building

  • Year Built1940
  • ConstructionWood Frame, Clapboard Exterior, Wood Siding
  • NumberOfUnitsInCommunity4
  • FoundationConcrete, Fieldstone
  • Square Feet6,564
  • BasementCrawl Space, Dirt Floor, Stairs - Interior, Sump Pump, Unfinished

Exterior

  • RoofShingle, Standing Seam

Amenities

  • PricePerSqFt53.32

Other

  • Date Listed04/21/2025
  • View Count171

Tax Information

  • Tax Year2024

Location

  • Building Number144
  • StreetElm Street
  • TownMontpelier
  • StateVT
  • Zip05602
  • CountyWashington
  • Address144 Elm Street

Property

  • Acreage1.32
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaVT-Washington
  • Lot Sqft57,499
  • Buyer Agency Compensation2.5% of net sales price less concessions

Basic Information

  • StatusActive With Contract
  • Modification Date05/01/2025
  • TypeMulti-Family, Other
  • List Price$350,000
  • Broker NameHeney Realtors - Element Real Estate (Montpelier)
  • Listing Agent NameTimothy Heney
  • Lister Office NameHeney Realtors - Element Real Estate (Montpelier)
  • MLS Number5037117
  • MLS StatusActive Under Contract

Utilities

  • Heating CoolingNone

Driving Directions

Broker Reciprocity 

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 18, 2025 7:09 PM EDT

 

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