38-40 Kingman St

st. albans, VT 05478

$995,000

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    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.

    Details

    3,920 Sq Ft Lot Size

    Investment

    Built in 1910

    MLS/Listing ID 5056947

    3 Units

    Amenities & Features

    Lot - Sidewalks

    Lot - Street Lights

    Lot - Near Golf Course

    Lot - Near Public Transit

    Flat

    Membrane

    Brick Mortar

    Heating - Natural Gas

    Heating - Forced Air

    Lot - City Lot

    PRIME

    Source of Data: PRIMEMLS

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