
St. Albans City, VT38-40 Kingman Street
Price$995,000
MLS Number 5056948
- Commercial
- Address 38-40 Kingman Street
- Year Built 1910
- Acreage 0.09
- Area VT-Franklin
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 cafs, restaurants and shops, the Amtrak station, and the municipal parking garage, this property places you at the heart of the communitys 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 buildings 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 youre growing your investment portfolio or launching a new commercial venture, 38-40 Kingman Street is your gateway to prosperity in one of Vermonts most dynamic towns. Act now to secure your successschedule a private tour and discover what makes this address the key to your future growth.
Listed by Christopher Preston of Notch Group Real Estate
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