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159 State Street
Montpelier, VT 05602
Asking Price
$695K
Asset Type
Executive Office Office
Class
Class B
What's Special
State Street office building with parking on 1.2 acre lot <p>Approximately 4,620 SF office building on 1.2± acres</p><p>Prominent State Street/US Route 2 frontage with strong visibility and daily traffic</p><p>Approximately 12–14 onsite parking spaces, a rare feature downtown</p><p>Existing tenancy providing income with flexibility for owner occupancy or repositioning</p><p>Functional layout with approximately 10 private offices, reception area, kitchenette, and multiple restrooms</p><p>Recent capital improvements including roof, exterior paint, baseme
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NOI
$80,000
Cap Rate
11.51%
DSCR
1.94
Strong
Cash-on-Cash
18.58%
Monthly Payment
$3,438.481
Annual Cash Flow
$38,738.23
