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Mixed-Use Retail and Apartments

38-40 Kingman Street St Albans, VT 05478

38-40 Kingman Street, St Albans, VT, 05478
$995,000
For Sale
$995,000

Mixed-use building with three subdivided first-floor retail units plus two- and three-bedroom apartments on the second floor.

Property Size7,000 SF
Price / SF$142.14
Days on Market525

Property Features for 38-40 Kingman Street

General Information

Standard status
Active
Size
7,000 SF
Property subtype
Multi Family

Building Details

Year Built
1910
Listing agency Notch Group Real Estate
Listed by Christopher Preston
Source Compass
Added: Feb 11, 2025 Updated: Jul 21 at 5:21PM Checked: Jul 21 at 5:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Notch Group Real Estate


Investment Insights

Based on property information with market context.

This mixed-use property at 38-40 Kingman Street offers commercial space on the first floor along with residential units on the second floor. The first floor features 3,500 square feet of commercial space that has been subdivided into three adaptable units. An access ramp provides entry to the vast basement from the Hampton Lane side of the building, improving on-site functionality.

On the second floor, the building includes two apartments with two bedrooms and one bathroom each, plus a spacious three-bedroom unit. The property is described as having very low vacancy rates and below-market rents.

With its combination of retail unit flexibility and multiple residential configurations, the building supports income from both commercial and residential uses within a single ownership.

Key Highlights

  • Mixed‑use building with 3,500 SF of first‑floor commercial space subdivided into three adaptable units
  • Second floor includes two 2BD/1BA apartments plus one spacious 3‑bedroom unit
  • Basement with walk‑up access and walkout, plus an access ramp to the basement from the Hampton Lane side

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office Big Box & Wholesale Store Computer & Electronic Repair Food Market Grocery & Convenience Store Storage Facility Auto Parts Store Pharmacy Barber Shop Garden Center

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

FAQs

What type of property is this?
Triplex - Mixed-use building with three subdivided first-floor retail units plus two- and three-bedroom apartments on the second floor.
Where is this triplex located?
The property is located at 38-40 Kingman Street St Albans, VT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Mixed‑use building with 3,500 SF of first‑floor commercial space subdivided into three adaptable units; Second floor includes two 2BD/1BA apartments plus one spacious 3‑bedroom unit; Basement with walk‑up access and walkout, plus an access ramp to the basement from the Hampton Lane side
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