7 Lk St Saint Albans, VT 05478-2366

This exceptional mixed-use property, located at 7 Lake Street in the vibrant downtown area of Saint Albans City, Vermont, presents a unique investment opportunity. The building, constructed in 1999, encompasses 3,059 square feet across two stories and is situated on a 0.02-acre lot. Currently configured as four individual units, each with both street-level and interior access from Lake Street, this property offers remarkable flexibility. The units can be utilized independently or combined to create a larger, cohesive space, catering to a variety of commercial and retail needs. The permitted commercial zoning allows for diverse uses, maximizing potential rental income or owner-occupancy scenarios. The building boasts dedicated off-street parking in the rear, a significant advantage in a bustling downtown setting. City sewer and water services are readily available. With an asking price of $300,000, this property offers a compelling price per square foot of $98.07, making it an attractive investment in a thriving Vermont community. The building's solid construction and prime location ensure a strong return on investment for the discerning buyer. This is a rare opportunity to acquire a versatile, well-maintained commercial property in a desirable downtown location.