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79 River St 30,000 SF 100% Leased Office Building Montpelier, VT 05602 $1,675,000 ($55.83/SF)
Investment Highlights
- Lots of natural light
- Ample parking
Executive Summary
Heritage Two Building
Current location of Leahy Press
$1,675,000.
Three story office building on 4.50 +- acres
Seven restrooms
Assessor’s card states 32,044 SF+- built about 1974
Taxes are $46,754.
Tax bill & Assessor’s card do not reflect recent BLA from original 6.56 acres
Full HVAC, four roof top units, Mountain Air has serviced, inspected & performed CO readings as required by law every two years in commercial buildings. Over $50,000 of HVAC work has been performed prior to putting it on the market.
Propane fuel
Comcast, Fidium, data providers in building
Municipal water & sewer
Clean slate affidavit available
At grade 8' wide by 10' high
Hydraulic lift with leveler, 4' dock
GMP, 208 Volt, 3 phase, 300 AMP Main Service, Panels broken down by floor.
Three large parking lots
Civil engineer online public information permit summary available, Dave Marshall, dmarshall@cea-vt.com
Environmental engineer online public information environmental summary available, Miles Waite, mwaite@waiteenv.com
Zoning is both Riverfront & Residential 6000
Current location of Leahy Press
$1,675,000.
Three story office building on 4.50 +- acres
Seven restrooms
Assessor’s card states 32,044 SF+- built about 1974
Taxes are $46,754.
Tax bill & Assessor’s card do not reflect recent BLA from original 6.56 acres
Full HVAC, four roof top units, Mountain Air has serviced, inspected & performed CO readings as required by law every two years in commercial buildings. Over $50,000 of HVAC work has been performed prior to putting it on the market.
Propane fuel
Comcast, Fidium, data providers in building
Municipal water & sewer
Clean slate affidavit available
At grade 8' wide by 10' high
Hydraulic lift with leveler, 4' dock
GMP, 208 Volt, 3 phase, 300 AMP Main Service, Panels broken down by floor.
Three large parking lots
Civil engineer online public information permit summary available, Dave Marshall, dmarshall@cea-vt.com
Environmental engineer online public information environmental summary available, Miles Waite, mwaite@waiteenv.com
Zoning is both Riverfront & Residential 6000
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
30,000 SF
Building Class
B
Year Built
1950
Price
$1,675,000
Price Per SF
$55.83
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,000 SF
Building FAR
0.10
Lot Size
6.65 AC
Zoning
4-1 - Riverfront
Parking
57 Spaces (1.9 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 405-126-11707 | Improvements Assessment | $1,585,700 |
| Land Assessment | $360,600 | Total Assessment | $1,946,300 |
Property Taxes
Parcel Number
405-126-11707
Land Assessment
$360,600
Improvements Assessment
$1,585,700
Total Assessment
$1,946,300
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79 River St
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