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42 Main StreetSt. Albans City, VT 05478Price: $689,000

  • Price: $689,000
  • 503 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $689,000List Price
  • 0.09Acreage
  • 7,680Square Feet
Listed by Amy Gerrity-Parent of Amy Gerrity-Parent Realty

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IT IS A CLEAN SLATE OF OPTIONS! Come see all the possibilities for this Historic Downtown St. Albans City Building. Offering the second and third floor for this sale. Currently zoned for commercial or residential. The Vermont Housing Improvement Program (VHIP) offers grants up to $50,000 per unit for rehabilitation/repairs needed to bring vacant rental units, and to create new rental units in existing, rented buildings, to meet the Vermont Rental Housing Health Code guidelines. This property is Zoned B-1 meaning that the second and third floor have option in this area to convert to housing with proper permitting if one wishes to do so. Potential for four condo units. Please see attached documents for further information. The beautiful building offers 10-foot solid wood doors and 12-foot ceilings. A new roof lines this section of the building. The views center over the beautiful Taylor Park which are breathtaking. Enjoy the newer sidewalks and downtown from the revitalization project bringing this city a fresh / new appearance. Parking is abundant with a newer Parking garage on the back side of the building. All documents attached to listing. Come make housing in the community with these new options!

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