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Property profile & analytics
OFF-MARKET Estimated value $735,000
Office Spaces

2 Federal St Saint Albans, VT 05478-2035

7,738 SF 18.37 ac lot Built 1825
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US89-0039929
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1825
Total area 7,738 SF
Lot 18.37 ac (800,197 SF)
APN (173) 23033-002
UPID US89-0039929
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$769k
Blend (final) Blend
$735k
Owner & transaction history
State Of Vermont · 4 yrs held
State Of Vermont
since 2022
6 recorded transactions
2022
$308,000
2017
$14,625
1998
Price N/A
1991
Price N/A
1987
Price N/A
1987
$27,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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