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
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Franklin County
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. †
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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 |

