38-40 Kingman Street St. Albans City, Vermont - For Sale

38-40 Kingman Street St. Albans City, Vermont 05478 MLS# 5056947

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For Sale Status

$995,000 List Price

Multi Type

0 Beds

0 Baths

7,000 Sqft

Listed By Christopher Preston of Notch Group Real Estate
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Franklin County

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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.

3D Property Tour

Property Location

38-40 Kingman Street St. Albans City

Property Details

List Price  995,000 Bedrooms  0 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  0 Year Built  1910
MLS#  5056947 Lot Size  0.09 Acres Taxes $16,532
Type  Multi-Family Days on Market  311 Days Tax Year 2025
Units  3 Stories  2 Road Frontage  45
Annual Income  $0 Style  Near Public Transportatn Water Frontage  
Annual Expenses  $0 Finished  7,000 Sqft Construction  No, Existing
Zoning   B1 Above Grade  7,000 Sqft Seasonal  No
Total Rooms  0 Below Grade  0 Sqft List Date  Aug 17th, 2025
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Construction
BasementWalk-up, Unfinished, Storage Space, Locked Storage, Storage Space, Unfinished, Walkout, Interior Access, Exterior Access, Basement Stairs
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors   Building Certifications  
Roof  Other, Membrane, Flat HERS Index  
Directions
Lot Description, Near Bus/Shuttle, Near Railroad, Near Country Club, Near Golf Course, Near Shopping, Near Railroad, Near Hospital, Near School(s)
Garage & Parking  No
Road Frontage  45 Water Access  
Driveway  None Water Type  
Flood Zone  No Water Body  
Zoning  B1
School District  St Albans City School District Middle  St. Albans City School
Elementary  St Albans City School High  BFASt Albans
Heat Fuel  , Natural Gas, Forced Air Excluded  
Heating/Cool  None Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Other Tax ID  549-173-126
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† The remarks published on this webpage originate from Listed By Christopher Preston of Notch Group Real Estate via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.