38-40 Kingman StreetSt. Albans City, VT 05478MLS Number 5056948

  • Price: $995,000
  • 161 Days on Market
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Federal 30-year interest rate: 6.09% last updated on Jan 22, 2026
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38-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 05478
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  • 0.09Acreage
  • 1910Year Built

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Listed by Christopher Preston of Notch Group Real Estate
Unlock the full potential of downtown St. Albans with this remarkable mixed-use property at 38-40 Kingman Street. Perfectly positioned just moments from Taylor Park, vibrant cafs, restaurants and shops, the Amtrak station, and the municipal parking garage, this property places you at the heart of the community’s action and convenience. On the first floor, take advantage of 3,500 square feet of prime commercial space, now subdivided into three adaptable units. Boasting an access ramp to the vast basement from the Hampton Lane side of the building, this thoughtful addition enhances the building’s functionality, providing a practical solution for both residential and commercial tenants alike. The second floor promises consistent returns, featuring two well-appointed 2bd/1ba apartments and a spacious three-bedroom unit. With a proven track record of very low vacancy rates and below-market rents, the next owner has immediate room for growth. Upside abounds for those ready to raise rents to market levels or simply enjoy a stable, income-producing asset. This is a property designed for those who recognize opportunity and act on it. Whether you’re growing your investment portfolio or launching a new commercial venture, 38-40 Kingman Street is your gateway to prosperity in one of Vermont’s most dynamic towns. Act now to secure your successschedule a private tour and discover what makes this address the key to your future growth.

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More Info

Tax Information

  • Tax Year2025

Building

  • Year Built1910
  • ConstructionBrick Exterior
  • NumberOfUnitsInCommunity6
  • FoundationBrick
  • BasementConcrete Floor, Interior Stairs, Walkout, Interior Access, Exterior Access, Basement Stairs
  • Rail Available Y/NYes

Exterior

  • RoofFlat, Membrane

Basic Information

  • Virtual TourView Tour
  • StatusACT
  • Modification Date08/17/2025
  • TypeBusiness, Investment, Multi-Family, Office
  • List Price$995,000
  • Broker NameNotch Group Real Estate
  • Listing Agent NameChristopher Preston
  • Lister Office NameNotch Group Real Estate
  • MLS Number5056948
  • MLS StatusActive

Location

  • Building Number38-40
  • StreetKingman Street
  • TownSt. Albans City
  • StateVT
  • Zip05478
  • CountyFranklin
  • Address38-40 Kingman Street

Property

  • Acreage0.09
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaVT-Franklin
  • Lot Sqft3,920

Other

  • Transport AccessCity Street, Major Road Access, Public Transportation, Rail Available, Paved
  • Date Listed08/17/2025
  • View Count2
Dave Chenette | Chenette Real Estate
Dave Chenette | Chenette Real Estate
Office: 802-264-1991
9 Roberts Ct
Milton, VT 05468
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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 January 24, 2026 3:22 PM EST

 

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