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Offered at $589,500Active
beds
baths
sq ft
Built
1880

44 East State Street

Montpelier, VT 05602

Commercial Sale · Active · MLS #5106151
Listing Courtesy of Heney Realtors - Element Real Estate (Montpelier) | Timothy Heney

The home

About this home

East State Street has long been a smart address for getting things done. But this 2,715-square-foot Montpelier property leaves the next chapter wide open. Currently configured as professional office space, the building offers the kind of flexibility that invites bigger ideas. Keep it working as offices, or explore conversion to a single-family home or two-unit property with required permitting. Mixed Use Residential zoning adds to the possibilities. Inside, the layout feels less corporate and more comfortably connected. A welcoming foyer opens to a generous front conference room, with five additional rooms and a half bath on the main level. A side porch entrance from the parking area and a second interior staircase create easy circulation and useful separation. Upstairs, a spacious landing is the sort of in-between space that gives a building personality. Picture a reading nook, writing desk, or quiet place to reset. Three additional rooms, a kitchen, and a three-quarter bath complete the second floor. And then there is the location. Downtown Montpelier shops, schools, restaurants, services, and everyday essentials are close by, making this an intriguing opportunity for anyone looking for adaptable space in Vermont's Capital City. Office today. Home tomorrow. Maybe something in between. This is a property with room for the next owner to decide what comes next.

Property information

Details at a glance

Interior2 property facts
Heating
Baseboard, Hot Water, Oil
Cooling
None
Building4 property facts
Style
Other
Year built
1880
Foundation
Stone
Roof
Membrane
Land & utilities4 property facts
Lot size
0.06 acres
Water
Public
Sewer
Public Sewer
Zoning
Commercial
Financial2 property facts
Annual taxes
$12,096
Assessment year
2026

Plan your purchase

Estimated monthly cost

Explore costs at the $589,500 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,989 / monthAdjust
Principal & interest
$2,981
Property tax
$1,008
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $12,096. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

No additional listing history is available for public display.

Compare with confidence

Price & market context

See how this home compares with active listings in Montpelier.

This home compared with active listings in Montpelier
MetricThis homeLocal listings
List price$589,500$582,2501% above local
Price / sq ft
Days on market024100% below local

Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.

Keep exploring

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Common questions

About 44 East State Street

Can I request a private showing?

Request a tour of 44 East State Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.

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