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26 State Street, Montpelier, VT, 05602 | $335,000
Welcome to the Union Block, circa 1915, situated on the south side of State Street in the heart of Downtown Montpelier. This second-floor commercial condominium unit, part of an eight-unit association, offers approximately 4, 446 square feet of flexible office space. Featuring thirteen large, bright rooms connected by a common hallway, this space boasts solid period features including high ceilings, wide natural woodwork, and large double-hung windows. The layout is adaptable for multiple tenants or can serve as a single substantial office suite. The unit includes a shared bathroom, janitorial closet, and both front and rear stairwells for easy access. Heat is provided by a steam boiler operated by the condominium association, with electric panels conveniently located at the rear hallway landing. Just up the street from the State Capitol Complex and close to state offices, shops, and restaurants, this is a prime opportunity to own a piece of Montpelier's history. Additionally, a city-managed parking lot is immediately behind the property, ensuring convenience. Don't miss this chance to own a landmark downtown space in an unbeatable location!
Features
- Property Type: Business,Office,Other
- Construction: Masonry,Wood Frame,Brick Exterior
- Parking: Off Street,Permit Required
- Heating: Steam
- Units: 1
- Zoning: Urban Center 1
- Year Built: 1915
- Approx Sq. Feet: 4,446
- Est. Taxes: $8,373
- MLS#: 5009332
- Website: https://www.raveis.com
/prop/5009332/26statestreet_montpelier_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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 11/14/2024Listing courtesy of Heney Realtors - Element Real Estate (Montpelier) Phone: 802-229-0345
Listing Agent: Timothy Heney
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
26 State Street, Montpelier, VT, 05602
$335,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $268,000 | $268,000 | $268,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
| Monthly Tax Payment | $698 | $698 | $698 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,828 | $1,781 | $2,260 |
| Total Monthly Payment | $2,601 | $2,554 | $3,033 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484