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Former Montpelier Federal Building 87 State St 70,000 SF 100% Leased Office Building Montpelier, VT 05602 For Sale



Executive Summary
This office building is prominently located in Montpelier, the capital city of Vermont. Situated in a commercially accessible area, the property has a central address on 87 State Street within the city. The building benefits from Montpelier's unique character, offering a blend of small-town charm and accessibility to state government resources. The former Montpelier Federal Building is a 3-story, 70,000 sf contemporary office building on a 1.6+/- acre lot that supports a mix of office, administrative and storage uses. Surrounding properties include government and commercial uses. The building was listed in 2018 as a contributing resource to the Montpelier Historic District National Register nomination (78000246).
Located less than a ¼ mile from the State Capitol building, the property is easily accessible via Vt Route I-89. Its location provides convenient access to downtown Montpelier's amenities, including restaurants, shops, and government offices. Montpelier is nestled in a picturesque valley along the Winooski River, offering a scenic backdrop to the Property. The surrounding area features a mix of residential neighborhoods and commercial developments. The building's location also provides relatively easy access to outdoor recreational opportunities.
Located less than a ¼ mile from the State Capitol building, the property is easily accessible via Vt Route I-89. Its location provides convenient access to downtown Montpelier's amenities, including restaurants, shops, and government offices. Montpelier is nestled in a picturesque valley along the Winooski River, offering a scenic backdrop to the Property. The surrounding area features a mix of residential neighborhoods and commercial developments. The building's location also provides relatively easy access to outdoor recreational opportunities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
70,000 SF
Year Built
1963
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
23,333 SF
Building FAR
1.00
Lot Size
1.60 AC
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
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Former Montpelier Federal Building | 87 State St
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