147 Main Street, Montpelier, Vermont 05602

$2,000,000
19
BD
23
BA
11,708
SqFt

Listing courtesy of Jenny Flower from New England Landmark Realty LTD

List Price
$2,000,000
Status
ACTIVE
MLS#
4680692
Price Change
▼ $800,000 1533316484
Bedrooms
19
Bathrooms
23
Living Area
11,708
Lot Size
54,450
Acres
1.25
Year Built
1780

Property Description

Saturated with stately elegance and prominently poised at the head of Main Street, this aesthetically preserved property has been a respected historic landmark admired for generations. Constructed just after Montpelier was settled, the original 2 residences and barn were built and occupied by a well-known businessman and respected doctor. After several additions, remodels and renovations, the 2 front buildings have transitioned into The Inn at Montpelier and the rear barn building houses 10 fully furnished apartments. The white Federal and yellow Greek Revival homes that currently make up the 19-bedroom inn, offer numerous bedrooms, living rooms, dining rooms, a parlor, pantries, a large kitchen, wood burning fireplaces, porches and a relaxing wraparound veranda – space that holds various options and abundant potential! New owners can convert the homes back to single family residences or easily modify them to become multi-family properties and/or house air B&B’s. At one point, a fine dining restaurant was run out of the property and all food & beverage service permits and licenses remain in place and current to serve 44 guests. Just imagine the many creative ways all of this square footage can be used! Excellently maintained, an in-town location that can’t be beat with commercial zoning and plenty of off-street parking, this is a beautifully appealing property in so many ways! Apartment building can be included for $4,000,000.

Additional Information

Delayed Showing
No
Tax Amount
$53,025
Listing Agent
Jenny Flower
Listing Office
New England Landmark Realty LTD
Style
Apartment Building, Colonial, Conversion, Federal, Historic Vintage
School District
Washington
Elementary School
Union Elementary School
Middle School
Main Street Middle School
High School
Montpelier High School
Number Stories
2
Garage Capacity
4
Disability Features
1st Floor 1/2 Bathroom, 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Hard Surface Flooring
Exterior Features
Balcony, Guest House, Porch, Porch - Covered, Porch - Enclosed, Porch - Screened, Storage
Interior Features
Attic, Bar, Blinds, Dining Area, Draperies, Fireplace - Wood, Fireplaces - 3+, Furnished, Hearth, In-Law/Accessory Dwelling, In-Law Suite, Kitchen/Dining, Kitchen/Family, Kitchen/Living, Laundry Hook-ups, Living/Dining, Master BR w/ BA, Natural Light, Natural Woodwork, Security, Walk-in Pantry, Wet Bar, Window Treatment, Common Heating/Cooling
Suitable Use
Bed and Breakfast, Commercial, Residential
Equipment And Appliances
Security System, Smoke Detectr-Hard Wired, Sprinkler System
Electric
Circuit Breaker(s)
Exterior
Clapboard, Wood
Construction
Wood Frame
Basement
Concrete, Dirt, Unfinished
Flood Zone
Yes
Easements
Unknown
Garage And Parking
Driveway, Garage, Off Street, Parking Spaces 21+, Paved, Covered, Detached
Garage Type
Detached
Foundation
Concrete, Fieldstone, Stone
Roads
Paved, Public
Driveway
Common/Shared, Paved
Sewer
Metered, Public
Rooms
29
Roof
Membrane, Slate
Zoning
CB-2 HDR
Heat Fuel
Oil, Pellet
Water Heater
Other
Heating And Cooling
Baseboard, Hot Water, Steam, Stove - Pellet, Central AC
Seasonal
No
Water
Metered, Public
Resort
No

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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