Esther J. Lotz Broker LLC

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79 River St · Montpelier · For Sale

Price: $1,675,000
Address: 79 River St
City: Montpelier
State: VT
ZIP: 05602
Type: For Sale
Square Feet: 32,044 SF +/-
Availability: See Below
Parking: On-site - 3 parking lots
Permitted Use: Per Zoning

Additional Features:
Montpelier, Office, Retail

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, [email protected]
Environmental engineer online public information environmental summary available, Miles Waite, [email protected]

Zoning is both Riverfront & Residential 6000
Meredith Strobridge Crandall (she/her/hers)Planning and Zoning Administrator
City of Montpelier
(Physical address) – 1 Blanchard Ct, Suite 205
(Mailing address) – City Hall, 39 Main Street
Montpelier, VT 05602
(Office): 802-262-6270
[email protected]

Leahy Press occupies first floor.
Second floor, 2 suites are vacant, 2 suites are occupied
Third floor, 2 suites are vacant, 2 suites are occupied
Leahy Press will need three – four weeks from end of due diligence period to closing to shut down business & sell off equipment & inventory.
Seller states that all leases are month to month with one exception, which may offer flexibility.
Contact listing agent for copies of leases

Contact listing agent for Material Fact Disclosures
THIS IS AN ON-GOING BUSINESS: PLEASE DO NOT APPROACH THIS LISTING, USE RESPECT & DISCRETION, ALL SHOWINGS ARE SCHEDULED BEFORE HOURS OR AFTER HOURS WITH LISTING BROKER SO THAT THERE IS THE LEAST AMOUNT OF DISRUPTION TO THE BUSINESS.

Information contained herein is believed to be accurate but is not warranted. This is not a legally binding offer to sell or lease.


State Mandated Consumer Disclosure Form

Click here to download a sample LOI in MS Word format.


DISCLOSURE CONCERNING REPRESENTATION FOR PURCHASE & SALE ONLY: Real estate professionals in Vermont are required to disclose their agency status to persons with whom they communicate. Our firm represents both sellers through Listing Agreements and buyers through Buyer Broker Agreements. We also market properties on behalf of sellers through cooperation agreements with brokers who have listings with those sellers. We do not represent sellers and buyers in the same transaction. Unless our firm has a Listing Agreement or Buyer Broker Agreement with you, we do not have a broker/client relationship with you and we are not acting on your behalf as your agent. If you are a prospective buyer and we send you information concerning properties you may be interested in, we are doing so as the seller’s agent or as a cooperating broker with agents who represent the seller. If you would like to enter into an exclusive right to represent buyer agreement with me, please contact me.  However, it cannot be on a property I have listed.  To avoid conflict of interest, my office policy is to not represent more than one buyer on the same property.

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About Esther

Esther is a commercial real estate marketing professional, not an investor, Period. You’ll never be blindsided by Esther beating you to a sweet deal. And, your property will never have to compete against a listing owned by Esther.
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Consumer Disclosure

If you are an unrepresented purchaser looking for properties for sale, please CLICK HERE to review the Vermont Real Estate Commission Mandatory Consumer Disclosure.

Testimonials

Tracy and I enjoyed time spent with you selling the Essex office and finding a new location for our regional office. You are a no-nonsense individual, full of energy, which is something we enjoyed.
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