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Listed by Stephen Gorman • Badger Peabody & Smith Realty • Cell: 603-728-5377
$795,000
Est. payment /mo
0.3 Acres Lot
Price Dropped by $130K
397 Railroad ST St. Johnsbury, VT 05819
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5021774
Year Built 1900
Annual Tax Amount $22,229
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Investment
Property Description
Located in the heart of vibrant, high-traffic downtown St. Johnsbury, Vermont, this exceptional commercial building offers a rare investment opportunity with existing cash flow and exciting potential for growth. Spanning three levels and designed for versatility, this fully handicap accessible property is ideally suited for a mix of hospitality, office, and retail uses. The basement level features a bar set-up and entertainment venue—perfect for live events and nightlife. The first floor boasts a welcoming microbrewery and restaurant space and additional office space, making it a true mixed-use hub. The second floor is currently configured for office use and ideal for professional tenants. With elevator access to all three floors and ample parking surrounding the building, accessibility and convenience are built-in. The property benefits from high foot and vehicle traffic, driven by downtown shops, local businesses, and nearby attractions. This building is not only a cash-flowing asset but also offers room to expand or reconfigure spaces for added income. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking a flagship location, this downtown gem delivers location, functionality, and long-term value. Don't miss your chance to own one of St. Johnsbury's premier commercial properties in a thriving downtown setting.
Location
State VT
County Vt-caledonia
Area Vt-Caledonia
Zoning Mixed Use District
Rooms
Basement Entrance Interior
Basement Finished
Interior
Inclusions Other
Exterior
Parking Features Off Street
Garage Description Off Street
Utilities Available Other
Roof Type Membrane
Building
Sewer Public
