38-40 Kingman ST Active Save Request In-Person Tour Request Virtual Tour
St. Albans City,VT 05478
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5056948
Year Built 1910
Annual Tax Amount $16,532
Tax Year 2025
Lot Size 3,920 Sqft
Property Description
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.
Location
State VT
County Vt-franklin
Area Vt-Franklin
Zoning BA
Rooms
Basement Entrance Walkout
Interior
Inclusions Equipment,Furnishings,Land/Building
Exterior
Utilities Available Cable at Site,Gas On-Site,Multi Phone Lines
Waterfront Description No
View Y/N No
View No
Roof Type Flat,Membrane
Building
Sewer Public