Commercial Sale at 158 North Main Street, St. Albans City
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$545,000

Under contract
158 North Main Street
St. Albans City, VT 05478
Listed by Keri Lombardi-Poquette · Poquette Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1930

About this home

Exceptional opportunity to own an established commercial office building in a high-visibility business district, offering both immediate income and future upside. The first floor is anchored by a long-term, successful eye doctor practice, providing stable tenancy, and also includes three additional private offices supported by a shared kitchen, waiting area, restroom, and storage—ideal for professional or medical users. (pictures of doctor's office not provided) The walk-out lower level (approx. 3,330 sq ft) presents a rare value-add opportunity. Previously occupied by a long-term medical tenant, this space has been fully gutted and is ready for customization—perfect for an owner-occupant, medical practice, or additional rental income stream. Situated on a generously sized lot, the property features a large paved parking area along with an additional undeveloped parcel currently generating income through outdoor storage rental. The expansive land offers further development potential to suit a variety of business needs. With excellent road frontage and visibility, plus walkability to the post office, shops, restaurants, schools, recreation, and public transportation, this location is highly desirable for a wide range of uses. Ideal for professional or medical offices, or a daycare/preschool facility—an in-demand use in the area. Preliminary plans for a childcare center are available, and potential state grant opportunities may help bring this vision to life. A versatile, income-producing property with significant growth potential in a prime location.

Property details

MLS
Prime MLS
MLS #
5083768
Property type
Commercial Sale
Subdivision
N/A
Status
Under contract
Days on market
87
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.2 acres
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Market position

How this listing compares to current activity in St. Albans City, from live MLS data.

On the market 87 days -- 20 fewer days than St. Albans City's current average of 107 days.
For reference, the median list price across 51 active listings in St. Albans City right now is $419,000.

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Est. monthly payment
$3,432/mo
$109,000 down
$436,000 loan
Principal & interest$2,828
Property tax (est.)$454
Home insurance (est.)$150

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