MLS Number 4711427
- Listing Agent Name Timothy Heney
- Year Built 1875
- Acreage 0.22
- NOI 36130
A rare opportunity! This property known as the Alvarez Block has been owned by the Alvarez family since 1947. It is comprised of a two story building with three storefronts on Main Street and second floor offices. Each storefront has its own rear entrance. The second floor is approximately 3000 square feet and is accessed by front and rear stairs. There are three half bathrooms on this level. Options include single tenant occupancy or the possibility of creating multiple smaller office suites or conversion to residential apartments. The building is heated with two oil hot water boilers that provide heat and hot water. Parking is at a premium in downtown Montpelier and this property has a rear parking lot with approximately 19 spaces. This lot enhances leasing of the property and provides additional income.
Listed by Timothy Heney of Heney Realtors/Montpelier