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158 Lake St
Saint Albans, VT 05478
Retail Property For Sale
Executive Summary
Price is $2,250,000. ($300/SF on the footprint). 158 Lake Street St Albans City. 7,500 SF +- on .59 acre +/- of land. Currently home of Lake Street Auto. Owners are retiring. Taxes are $16,244.32. Municipal water & sewer. Zoning is B-1. Current floor plan is front lobby, offices, storage, shop. Metal building, 2 heights, front & back. Shop is 16' +/- eave height. Mezzanine. Standing seam roof.
38 Parking spaces +/-, storm drain in parking lot. 2 York Furnace heat plants. 2 Trane AC Units. Natural gas in front half of the building. Back half of the building is heated by waste oil furnace but plumbed for gas. 2800 gallon storage tank inside for waste oil furnace. 2 at-grade overheads – 16’h x 14’w. 2 bathrooms, 1 has locker room & shower. Floor drains, water/oil separator. Pumped once every couple of years per owner.
Zoning Administrator – contact Sara Bennett for permitted and conditional uses. s.bennett@stalbansvt.com (802) 524-1500, ext 262
Civil engineer online public information permit summary available, Dave Marshall, dmarshall@cea-vt.com
Environmental engineer online public information environmental summary available, Miles Waite, mwaite@waiteenv.com
THIS IS AN ON-GOING BUSINESS: PLEASE DO NOT APPROACH THIS LISTING, USE RESPECT & DISCRETION, ALL SHOWINGS ARE SCHEDULED BEFORE HOURS OR AFTER HOURS WITH LISTING BROKER SO THAT THERE IS THE LEAST AMOUNT OF DISRUPTION TO THE BUSINESS.
38 Parking spaces +/-, storm drain in parking lot. 2 York Furnace heat plants. 2 Trane AC Units. Natural gas in front half of the building. Back half of the building is heated by waste oil furnace but plumbed for gas. 2800 gallon storage tank inside for waste oil furnace. 2 at-grade overheads – 16’h x 14’w. 2 bathrooms, 1 has locker room & shower. Floor drains, water/oil separator. Pumped once every couple of years per owner.
Zoning Administrator – contact Sara Bennett for permitted and conditional uses. s.bennett@stalbansvt.com (802) 524-1500, ext 262
Civil engineer online public information permit summary available, Dave Marshall, dmarshall@cea-vt.com
Environmental engineer online public information environmental summary available, Miles Waite, mwaite@waiteenv.com
THIS IS AN ON-GOING BUSINESS: PLEASE DO NOT APPROACH THIS LISTING, USE RESPECT & DISCRETION, ALL SHOWINGS ARE SCHEDULED BEFORE HOURS OR AFTER HOURS WITH LISTING BROKER SO THAT THERE IS THE LEAST AMOUNT OF DISRUPTION TO THE BUSINESS.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
7,500 SF
Year Built
1970
Price
$3,152,385 CAD
Price Per SF
$420.32 CAD
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Property Taxes
| Parcel Number | 549-173-00639 | Improvements Assessment | $859,004 CAD |
| Land Assessment | $297,752 CAD | Total Assessment | $1,156,756 CAD |
Property Taxes
Parcel Number
549-173-00639
Land Assessment
$297,752 CAD
Improvements Assessment
$859,004 CAD
Total Assessment
$1,156,756 CAD
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