8 N Main St - Apartments FOR SALE


Saint Albans, VT 05478
$3,750,000 USD
802-777-0732
8 N Main St, Saint Albans, VT for Sale
$3,750,000 USD
Apartments - FOR SALE
1/14
null | 6.02% Cap Rate

8 N Main St
Saint Albans, VT 05478


HIGHLIGHTS

  • A+ Location
  • Long commercial lease

OVERVIEW

The Taylor Park Residences in St. Albans is in the heart of the downtown. The location truly epitomizes walkable living with easy access to many of the area's amenities such as coffee shops, restaurants, retail stores and more. Tenants also have easy access to I-89, Route 7, and Route 105. With apartments overlooking beautiful downtown St. Albans and Taylor Park, the Taylor Park Residences and commercial space offer the unique opportunity to enjoy upscale living in a charming Vermont location. This historic building has long been a landmark presiding over downtown St. Albans and Taylor Park. It was originally built as an office building with a bank on the 1st floor, and has since been modernized, with 6,049 +/- RSF of commercial space and 12 newly renovated loft, one- and two-bedroom apartments. Taylor Park pay homage to the original historic features, while providing fresh, modern upscale apartments and convenient downtown living. With apartments overlooking beautiful Taylor Park, the Taylor Park Residences and Commercial Spaces offer a true taste of St. Albans, both past and present.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

12

PRICE/UNIT

$312,500

CAP RATE

6.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1925

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

Commercial

APN/PARCEL ID

549-173-10868

ASK ABOUT THIS PROPERTY

Jaeger NeddeNedde Real EstateMore Info
802-777-0732

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Jaeger NeddeNedde Real EstateMore Info
802-777-0732

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.