St. Albans City VT Commercial Real Estate

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38 South Main Street St. Albans City VT 05478
Active With Contract

MLS Number 4894996

  • Commercial
  • Square Feet 12,454
  • Acreage 0.37

Investment opportunity in the heart of St. Albans City to own a freestanding multi-tenant mixed use property directly on Main St., with 8 units (2 commercial and 6 residential). Commercial Unit 1 is currently owner occupied by Kevin Smith Team Sports and Corporate Apparel. This unit encompasses three floors (finished basement w/large office, work/packing/shipping area + storage, 1st Floor w/6 offices, open floor/meeting space + storage, and 2nd Floor with 3 offices). The finished basement was historically utilized as a bar. Based on its egress, finished space, heat + cooling service, and bathroom service, this could be separately rented space down the road. The rented Commercial Unit 2 offers a Main St. first floor store front as well. The 6 apartments are 100% tenant-occupied on a month to month basis with 2 units on the 2nd floor and 4 on the 3rd. There's plenty of parking with on-site spaces for 13 vehicles and the property also benefits from street-side parking and nearby municipal parking lots. Well maintained/updated building and the Income Capitalization Approach offers a strong CAP rate with both the current and market rent rates. Truly a wonderful OPPORTUNITY (investment buyer, 1031 exchange, business owner), BUILDING (free standing, two store fronts, 6 rental units, mix-use possibilities - flex industrial, shared office, micro-apartments, etc.), and LOCATION. Seller financing available.

Listed by Leigh Horton of Your Journey Real Estate

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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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40-44 Main Street St. Albans City VT 05478

MLS Number 4922149

  • Commercial
  • Square Feet 11,520
  • Acreage 0.09

Come see all the possibilities for this Historic Downtown St. Albans City Building. A full basement for storage and utility access from the back of the building is part of this sale. With the first, second and third floor are being offered as well with this sale. First floor has Fashion Scentz, and Rail City Salon with steady rents in place. Currently the second floor is rented Cahill P. C. bringing in regular rent as well. The third floor is awaiting a new owner. This property is Zoned B-1 meaning that the second and third floor have option in this area to convert to housing with proper permitting if one wishes to do so. Please see attached documents for further information. The beautiful building offers 10-foot solid wood doors and 12-foot ceilings. A new roof lines this section of the building. The views center over the beautiful Taylor Park which are breathtaking. Enjoy the newer sidewalks and downtown from the revitalization project bringing this city a fresh / new appearance. Parking is abundant with a newer Parking garage on the back side of the building. Leases and Estoppel Certificates available upon request.

Listed by Amy Gerrity-Parent of Amy Gerrity-Parent Realty

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$/month over payments
Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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75 Messenger Street St. Albans City VT 05478

MLS Number 4936449

  • Commercial
  • Square Feet 5,920
  • Acreage 0.83

At the corner of Messenger and Upper Newton - the “Messenger Street School” originally built in 1850 is an architectural gem and one of several romanesque style buildings in the hill section of St. Albans. Having continually served the Franklin County Senior Center since 1970 this building consists of four large open rooms with 12' ceilings, a commercial kitchen with hood system, 4 bathrooms and multiple offices. Original hardwood floors in most of the rooms as well as mostly untouched original woodwork throughout. In 2005 the slate roof was replaced maintaining the exquisite vintage curb appeal that this building offers. An ample parking area in the rear accommodates 31+ vehicles with a fire lane and handicap spots. Located in the City's R95 district the building has many possible conditional uses to include: Bed & Breakfast, Residential Care Home, Daycare, Community Center, Congregate Housing, Two-Family Dwelling, PUD, Lodging House, or School. This property is a part of the Vermont Historic Registry.

Listed by The Paul Martin Team of M Realty

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$/month over payments
Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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156 North Main Street St. Albans City VT 05478

MLS Number 4953750

  • Commercial
  • Square Feet 6,270
  • Acreage 0.61

Attention investors! Great opportunity to own an office building with a fabulous location, centrally located in downtown St. Albans City. Just across the street is the St. Albans Shopping Center with Post Office, stores, restaurants, and gym. Within two blocks is Taylor Park and all amenities. The beautiful brick building is highly visible on Main Street and easily accessible. There is plenty of off-street parking for employees, clients, customers or patients. The 6,270 sq. ft. building has multiple entrances, plenty of space for offices, is super well maintained, and behind the parking lot is extra vacant land should you need more parking or perhaps another building. Don't miss out!

Listed by Paul Poquette Realty Group,LLC

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%
$/month over payments
Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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91 South Main Street St. Albans City VT 05478

MLS Number 4912321

  • Commercial
  • Acreage 0.41

Great location on South Main St. located in high traffic area in downtown St. Albans. Walking distance to many local shops and restaurants. Convenient layouts for both office and residential use. Plenty of off-street parking to accommodate multiple vehicles. This classic downtown office space with historic charm is conveniently located 25 minutes from Burlington and 45 minutes to Montreal With so much potential, this property is a must-see Seller is a licensed Sales Agent for Lake Point Properties, LLC

Listed by Sara Shea of Lake Point Properties,LLC

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$
%
$/month over payments
Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

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Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 30, 2023 6:54 AM EDT