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Property view

219 Lake Street, 
St. Albans City, VT 05478

$1,250,000


—

Bed


—

Bath


14,856

Sq Ft


Multi-Family

Sold

Listed by

Blue Slate Realty

Blue Slate Realty

802-318-2647

MLS#

5001835

Source:

PrimeMLS

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About This Home

219 Lake Street

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

Home Facts

Multi-Family

Built in 1900

Price Summary

1,400,000

$94 per Sq. Ft.

MLS #:

5001835

Sold:

April 8, 2025


Rooms & Interior

Interior

Living Area:

14,856 Sq. Ft.


Structure

Structure

Building Area:

21,212 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

14,375


Finances & Disclosures

Finances

Price:

$1,400,000

Price per Sq. Ft:

$94 per Sq. Ft.

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Copyright 2026 Prime MLS, Inc. 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 Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 28, 2026