12 Lower Main Street

Johnson, VT 05656

MLS ID# 4674640 Active
Investment

$212,000



Details for 12 Lower Main Street, Johnson VT 05656

OPPORTUNITY STARING YOU IN THE FACE! Johnson is now an OPPORTUNITY ZONE. Need information about this, call!! Use your imagination to repurpose. This Historic ROYCE building has been the gathering spot in the center of Johnson Village for over sixty years. Located within an hour of 3 major ski area and centrally located to Burlington, Montpelier & St. Johnsobury while less than 90 minutes to Montreal. Johnson is home to the famed Vermont Studio Center. Originally, the building was home to the Johnson Post Office and Grand Union Store. In 1952 it was converted into a restaurant and since then the ROYCE building has been continuously operated as a restaurant providing the town with a central location for great food and community. The first floor (2167 sq. ft.) has 75 permitted seats with two dining rooms with classic tin ceilings, an expanded kitchen with tile floors, two restrooms, central air conditioning, and radiant heat. The 2nd floor was a 3 BR apartment/owners living quarters with original wood floors and separate entryway. The lower level has an additional 422 sq feet of retail space and is accessed by an entry door off the sidewalk. This level is also the home to the utility, boiler, and storage rooms. The boiler was replaced in 2010 and oil tank in 2017. The flat roof with an EDPM rubber membrane was installed in 2006 and has a 30-year warranty. The property is serviced by Village Water & Sewer and electric service is single phase with 3 meters, one for each level.

Features and Details

  • Category Commercial
  • Type Investment
  • Village/Neighborhood
  • County Lamoille
  • Lot Dimensions 5227
  • Acreage 0.12
  • MLS ID# 4674640

Apx Bldg SqFt
3459
Basement
Partially Finished, Stairs - Exterior, Walkout, Yes
Construction
Wood Frame
# of Stories
2
Cooling
Central AC
Heating
Baseboard, Hot Water, Multi Zone, Radiant
Parking
On Street
Lot Description
City Lot, Curbing, Major Road Frontage, Neighbor Business, Sidewalks
Siding
Brick, Clapboard
Equipment
CO Detector, Smoke Detectr-Hard Wired
Total
Units: 3
Features
Living Space Available, Public Restrooms, Smoke/Heat Detectors, In-Unit Bathroom
Utilities
Cable - Available, High Speed Intrnt -Avail, Internet - Cable
Natural Gas
No
Water
Public
Sewer
Public
Zoning
None
Property Types
Investment, Multi-Family, Office, Opportunity, Retail
Property Type Use
Free Standing Building, Historic Building
Deed
Book: 60, Page: 426
Foreclosed/Bank-Owned
Foreclosed/Bank-Owned: No
Delayed Showings
No
Sale Includes
Building Only
Sale Type
Sale

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. Subject to errors, omissions, prior sale, change or withdrawal without notice.

This listing was last updated on 10/20/2021 2:04:01 PM.