87 State Street
87 State Street
Montpelier, VT, 05602
Case Number: VT-1182-AA
Sale Number: 126VT118201
Starting Bid: $500,000
About Property
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.
Property Highlights
- Property Type: Office
- Square Footage: 70013
- Year Built: 1964
- Lot Size: 1.60 Acres
- Asset Type: Commercial
- Case Number: VT-1182-AA
Interior Features
Exterior Features
Online Auction
For more details regarding the Bid Type for this listing, please refer to the Invitation for Bid (IFB) and/or the Terms and Conditions.
Start: CST
End : CST
Bidding Ends In
If any bids are placed within the last 1440 minutes of the auction, the clock will automatically be reset to 1440 minutes. Once the final 1440 minutes passes with no new bids placed the auction will end.
-
Days -
Hours -
Mins -
Secs
View Bids: 0
| Next Bid | $500,000 |
| Bid Increment | $10,000 |
| Deposit Amount | $50,000 |
|
Inactivity Period Time
The Inactivity Period is the amount of time that must pass without a bid for the auction to close. If a bid is placed during this period, the auction will automatically extend.
|
1,440 Minutes |
Listed By
Anthony Barbati
GSA(617) 459-6776
anthony.barbati@gsa.gov
Seller Notes
Below are few helpful seller bullet points regarding this sale. Make sure to review everything in the Terms of Sale section towards the bottom of this page and also in the IFB and Other Documents located below along the right side for all the details regarding the sale of this property.
- Deposit Amount: $50,000
- This property is being sold...
- Reserve Auction
- Owner Occupied
- Offering Broker CO_OP
Schedule a Tour
If you would like to see this property without being there in person, select the "Video Chat" option below.
Property Map
Make An Offer
Thank You
Your offer has been successfully submitted
Offer Details
221 E Kansas Ave Smith Center, Arkansas, 66967
- Listing type: Traditional Sale
| Buyer | Phone | ||
| Buyer Email | Date |
| User | Offer Amount | Status | Message | Date |
|---|---|---|---|---|
Round One
Congratulations! You Are The Winner Of Round One
Wait For Round Two
First Round Winning Bid Amount $40,000
Round Two
Congratulations! You Are The Winner Of Round Two
Wait For Round Three
Second Round Winning Bid Amount $40,000