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Courtesy of Blue Slate Realty of Blue Slate Realty: .

219 Lake Street

St. Albans City, VT 05478
  • $1,400,000
  • STATUS: Active
  • ON SITE: 235 Days
  • MLS #: 5001835
UPDATED: 82 min ago
$1,400,000
  • 16
    BEDS
  • 0.33
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 14,856
    SQFT
  • $94
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Great Investment Opportunity. This mixed-use building is located in St Albans City close to local employers, shopping, restaurants, and community resources. The building consists of 8 two bedroom apartments on the second and third floors and 2 operating businesses on the ground floor. Full basement provides great storage space plus an on-site coin operating laundry room. The building has been family owned for decades and has been kept in great shape with many recent improvements. The first floor business space currently leased by Spectrum Youth Drop-In Center was fully renovated in 2020 including a kitchen, ADA bathroom and office spaces. The apartments have been updated as turned over including two with new heaters in 2023-2024. The back of the building was enclosed in 2022 including new windows, vinyl siding and LED lighting. Extensive brickwork was completed on the westside of the building in 2024. Main roof was repaired in 2024 and the rubber membrane roof on the lower portion was replaced in 2018. Large parking lot in the back provides off-street parking for the residents and businesses. This investment property would bring immediate income as well as the potential to grow ROI quickly. Commercial Listing #5001847

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© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-02-12T12:06:35.043.
www.livingvermont.com/homes/151918732
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219 Lake Street St. Albans City, VT 05478

  • Price: $1,400,000
  • Status: Active
  • On Site: 235 Days
  • Updated: 82 min ago
  • MLS #: 5001835
16
Beds
8
Baths
0
½ Baths
0.33
Acres
14,856
SQFT
$94
$/SQFT
1900
Built
County:
Franklin
Area:
St. Albans City
Elementary School:
St Albans City School
Middle School:
St. Albans City School
High School:
Bfast Albans
School District:
Maple Run Usd
Property Description
Great Investment Opportunity. This mixed-use building is located in St Albans City close to local employers, shopping, restaurants, and community resources. The building consists of 8 two bedroom apartments on the second and third floors and 2 operating businesses on the ground floor. Full basement provides great storage space plus an on-site coin operating laundry room. The building has been family owned for decades and has been kept in great shape with many recent improvements. The first floor business space currently leased by Spectrum Youth Drop-In Center was fully renovated in 2020 including a kitchen, ADA bathroom and office spaces. The apartments have been updated as turned over including two with new heaters in 2023-2024. The back of the building was enclosed in 2022 including new windows, vinyl siding and LED lighting. Extensive brickwork was completed on the westside of the building in 2024. Main roof was repaired in 2024 and the rubber membrane roof on the lower portion was replaced in 2018. Large parking lot in the back provides off-street parking for the residents and businesses. This investment property would bring immediate income as well as the potential to grow ROI quickly. Commercial Listing #5001847
Exterior Features

Architectural Style Apartment Building Construction Materials Brick ExteriorVinyl Siding Driveway Gravel Has Garage No Lot Features City LotCornerSidewalksNear ShoppingNear Public TransportatnNear RailroadNear Hospital Parking On-SiteParking Spaces 5 - 10Unpaved Road Frontage Yes Road Frontage Length 102 Roof FlatMembrane

Interior Features

Basement Access Type Interior Basement Description ConcreteStorage SpaceInterior AccessExterior Access Cooling Other Foundation Poured Concrete Has Basement Yes Heating Natural GasGas Heater - Vented Unit1 Approx Sq Ft 900 Unit1 Baths 1 Unit2 Approx Sq Ft 900 Unit2 Baths 1 Unit3 Approx Sq Ft 900 Unit3 Baths 1 Unit4 Approx Sq Ft 900 Unit4 Baths 1 Unit5 Approx Sq Ft 900 Unit5 Baths 1 Unit6 Approx Sq Ft 900 Unit6 Baths 1 Unit7 Approx Sq Ft 900 Unit7 Baths 1 Unit8 Approx Sq Ft 900 Unit8 Baths 1

Property Features

Construction Status Existing Electric Circuit Breaker(s) Flood Zone No Foreclosed / Bank Owned / REO No Pre Construction No Road Frontage Type Public Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 15614.84 Tax Year 2024 Taxes Tbd No Total1 Bed Units 0 Total2 Bed Units 8 Total3 Plus Bed Units 0 Unit1 Tenant Pays ElectricHeat Utilities Cable - AvailableGas - On-Site Water Source Public Zoning Commercial

Courtesy of Blue Slate Realty of Blue Slate Realty: .


© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-02-12T12:06:35.043.
 
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553 Roosevelt highway suite 200
Colchester VT, 05446