158 North Main Street, St. Albans City, VT 05478
sale
$545,000
|
Other
Courtesy Of Paul Poquettte Realty Group, llc
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 5
- Cooling System: Central Air
- Heating System: Hot Water (Heating)
- Heating System: Natural Gas
- MLSID: 5083768
- Roof Type: Asphalt
- Roof Type: Shingle
- Rooms: Basement
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