36 EASTERN AVENUE St. Johnsbury, VT 05819 | Commercial Sale | Investment, Office, Opportunity
$579,900
Listing Courtesy of
Jim Campbell Real Estate
Description
Commercial investment opportunity with this 8-unit professional office building in the heart of downtown St. Johnsbury. This property has great rental history and long-term existing leases in place for the majority of the units (income & expense financials available). Built in 1913, this two-story building offers 12,400 sq.ft of office space & common areas above grade and a full basement with an additional 6164 sq.ft that is ideal for storage. Updated utilities to include the boiler, central air and a new roof in 2018 with a 20-year warranty. Additional features include a 3-story elevator, fire alarm system & fully sprinklered building, fiber & cable internet run within the building. This property has 7 parking spaces directly behind the building and several parking permits with the town in the adjoining municipal lot behind the building, as well as on street parking. This is a quality building with great tenants and an overall solid investment.