2 Federal St Saint Albans, VT 05478-2035
This exceptional mixed-use property, located at 2 Federal Street in St. Albans City, Vermont, presents a unique redevelopment opportunity. The 22,000 square foot building boasts stunning architectural details, including ornate moldings, high ceilings, and unique fixtures, all meticulously preserved. Large windows flood the interior with natural light, offering breathtaking views. Currently vacant, this property is ideal for a wide range of uses, from commercial spaces to community centers or artistic venues. Its prime location in a vibrant business district provides convenient access to transportation and amenities. The property is being sold "as is/where is" and may be subject to Vermont Statutes Title 5. The asking price is $1,700,000. This is a chance to acquire a landmark building with significant historical character and immense potential in a thriving Vermont community. The property's size and features offer considerable flexibility for adaptive reuse, making it an attractive investment for developers seeking a unique and impactful project. Don't miss this chance to own a piece of St. Albans history. The zip code is 05478.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.