147 Main Street

Montpelier, VT 05602

Price
$2,500,000
Listed On
May 7, 2020
Type
For Sale
Status
Active
Slide 1 of 40
19256 sqft
Asking $2,500,000
Snapshot
Property Type
Apartment
Lot Size
1.25
Property Sqft
19,256
MLS Number
4804075
Year Built
1780
Days On Market
58
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 prominent 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 airbnbs. 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!

Features
Basement
Deck
History
DateEventPrice$/SqftSource
05/07/2020Listed For Sale$2,500,000 +92.31%$129.83New England Landmark Realty LTD
12/17/2019Listing Removed For Sale$2,000,000 +53.85%$103.86New England Landmark Realty LTD
12/17/2019Listing Removed For Sale$1,300,000 -35%$67.51New England Landmark Realty LTD
12/16/2019Listing Removed For Sale$2,000,000 +53.85%$103.86New England Landmark Realty LTD
12/16/2019Listing Removed For Sale$1,300,000 -35%$67.51New England Landmark Realty LTD
07/06/2018Listed For Sale$1,300,000 -59.38%$67.51New England Landmark Realty LTD
04/10/2018Listing Removed For Sale$3,200,000 +60%$166.18New England Landmark Realty LTD
03/01/2018Listed For Sale$2,000,000 -37.5%$103.86New England Landmark Realty LTD
03/01/2018Listed For Sale$3,200,000 $166.18New England Landmark Realty LTD
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Nearby Schools

Elementary School

Union Elementary School

0.1 miles awayKG - 05Union Elementary School

Middle School

Main Street School

0.1 miles away06 - 08Main Street School

High School

Montpelier High School

0.7 miles away09 - 12Montpelier High School
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Jenny Flower
Listing Agent
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2.5M
Jenny Flower
Listing Agent
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.