Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Building with Development Potential Title is generated by Realmo AI

    158 North Main Street, Saint Albans, VT 05478

    View on Map
    Claim this Listing
    For Sale
    $545,000

    Commercial For Sale - St. Albans City, VT

    Property size:
    3,330 SF
    Lot size:
    1.20 Acres
    Price / SF:
    $163/SF
    Added:
    Apr 14, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 3 at 9:06 pm

    Property Features for 158 North Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Standard status
    Active
    Size
    3,330 SF
    Lot size
    1.20 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    10777.64

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1930
    Number of units
    5
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Keri Lombardi-Poquette

    Listing agent Keri Lombardi-Poquette

    Listing office Poquette Realty 71 No. Main St., Saint Albans, VT

    Listing date Apr 14, 2026

    MLS# 5083768 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Established commercial office building in a high‑visibility, highly desirable location.
    • First floor anchored by a long‑term, successful eye doctor practice providing stable income.
    • Value‑add opportunity: Fully gutted 3,330 sq ft walk‑out lower level ready for customization.
    • Generously sized lot with large paved parking area and additional income‑producing undeveloped parcel.
    • Development potential for a variety of business needs, including daycare/preschool (preliminary plans available).
    • Excellent road frontage, visibility, and walkability to amenities and public transportation.

    Overview

    This commercial building is located in a high-visibility business district. The first floor is anchored by a long-term eye doctor practice and includes three additional private offices with a shared kitchen, waiting area, restroom, and storage. The walk-out lower level, approximately 3,330 square feet, has been fully gutted and is ready for customization. The property is situated on a 1.2-acre lot with a large paved parking area and an additional undeveloped parcel currently generating income through outdoor storage rental. The expansive land offers further development potential. The location offers excellent road frontage and visibility, plus walkability to the post office, shops, restaurants, schools, recreation, and public transportation. It is suitable for professional or medical offices, or a daycare/preschool facility. Preliminary plans for a childcare center are available, and potential state grant opportunities may help bring this vision to life. The property is located in St. Albans City, VT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Spa & Massage Center Building Supply Hotel & Motel Bakery Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Albans
    County
    Franklin
    State
    Vermont
    Longitude
    -73.087808
    Latitude
    44.8032019

    Nearby Similar for Sale

    • $1,300,000

      St. Albans City Office Complex

      First-class office complex in vibrant downtown St. Albans City.
      17-37 Catherine Street, St. Albans City, VT 05478
      View Details
    • $330,000
      2,432 SF

      St. Albans Duplex Opportunity

      Duplex near downtown St. Albans with two units.
      345 Lake Street, St. Albans Town, VT 05478
      View Details
    • $400,000
      2,238 SF

      St. Albans Multi-Family with Garage

      Multi-family property with oversized heated garage in St. Albans.
      374 Lake Road, St. Albans Town, VT 05478-2275
      View Details
    • $330,000

      Duplex Near St. Albans City

      Duplex near downtown with two units, great investment opportunity.
      345 Lake St, St. Albans Town, VT 05478
      View Details
    • $899,000
      10,416 SF

      Warehouse Condo with Dock Access

      10,416 SF warehouse condo with showroom potential for sale.
      362 Swanton Rd, Saint Albans, VT
      View Details
    • $2,195,000

      Industrial Property For Sale

      Industrial property available for sale.
      457 Swanton Rd, Saint Albans City, VT 05478
      View Details

    FAQs

    What type of property is this?
    Office building - Established commercial building in a high-visibility location with income potential.
    Where is this office building located?
    The property is located at 158 North Main Street Saint Albans, VT.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: Established commercial office building in a high‑visibility, highly desirable location.; First floor anchored by a long‑term, successful eye doctor practice providing stable income.; Value‑add opportunity: **Fully gutted 3,330 sq ft walk‑out lower level ready for customization.**
    (802) 524-9501
    We can help!
    Listing Contact
    Keri Lombardi-Poquette
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    158 North Main Street, St. Albans City, VT 05478
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!