$ 995,000
-
$995,000
Price -
0
Bed -
0
Bath -
7,000
SqFt
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About the Listing 6451 - 284986
Unlock the full potential of downtown St. Albans with this remarkable mixed-use property at 38-40 Kingman Street. Perfectly positioned just moments from Taylor Park, vibrant cafés, restaurants and shops, the Amtrak station, and the municipal parking garage, this property places you at the heart of the community’s action and convenience. On the first floor, take advantage of 3,500 square feet of prime commercial space, now subdivided into three adaptable units. Boasting an access ramp to the vast basement from the Hampton Lane side of the building, this thoughtful addition enhances the building’s functionality, providing a practical solution for both residential and commercial tenants alike. The second floor promises consistent returns, featuring two well-appointed 2bd/1ba apartments and a spacious three-bedroom unit. With a proven track record of very low vacancy rates and below-market rents, the next owner has immediate room for growth. Upside abounds for those ready to raise rents to market levels or simply enjoy a stable, income-producing asset. This is a property designed for those who recognize opportunity and act on it. Whether you’re growing your investment portfolio or launching a new commercial venture, 38-40 Kingman Street is your gateway to prosperity in one of Vermont’s most dynamic towns. Act now to secure your success—schedule a private tour and discover what makes this address the key to your future growth.
Listing Highlights
Status
Active
Days on Site
182
Property Type
Multi-Family
MLS ®
5056947
Year Built
1910
Total Square Footage
7,000
Lot/Acreage
0.09
County
Franklin
School District
St Albans City School District
Elementary School
St Albans City School
Middle School
St. Albans City School
High School
BFASt Albans
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 7000
- Below Ground Sq Ft: n/a
- Basement: Yes,Concrete Floor,Interior Stairs,Locked Storage,Storage Space,Unfinished,Walkout,Interior Access,Exterior Access,Basement Stairs
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: B1
- Roof: Flat,Membrane,Other
- Others:
- Sewer: Public
Financial Details
- Tax Amount: $16,532
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
38-40 Kingman St St. Albans City, VT 05478
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