Listing Provided Courtesy Of:
Ken Libby with KW Vermont-Stowe.
Address
12 Lower Main Street Johnson, VT
Price
$ 212,000
Property Attributes
  • MLS#4674640
  • TypeCommercial
  • CountyLAMOILLE
  • CityJohnson
  • AreaLamoille
  • Zip05656
  • StyleInvestment,Multi-Family,Office,Opportunity,Retail
  • Year Built1917
  • Taxes$ 5467
  • Price$ 212,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3459
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Ken Libby with KW Vermont-Stowe.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

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.

Price History
3/2/2021 Listed $245,000
6/26/2021 14% - $212,000

General Features

Assessment Amount 228300
Basement Yes
Construction Wood Frame
Cooling Central AC
Electric 200 Amp, 220 Plug, Circuit Breaker(s)
Features - Commercial Living Space Available, Public Restrooms, Smoke/Heat Detectors, In-Unit Bathroom
Flood Zone Unknown
Heating Baseboard, Hot Water, Multi Zone, Radiant
Listing Area VT-Lamoille
Parking On Street
Price Per Sq Ft 61.29
Road Frontage Yes
Roof Membrane
Sewer Public
Status Active
Tax Year 2018
Utilities Cable - Available, High Speed Intrnt -Avail, Internet - Cable
Water Public
Year Built 1917
Zoning None

Interior Features

Basement Access Type Walkout
Basement Description Partially Finished, Stairs - Exterior, Walkout
Equipment CO Detector, Smoke Detectr-Hard Wired
Gas - Natural Available No
Heating Fuel Oil
Total Number of Units 3

Exterior Features

Exterior Brick, Clapboard
Foundation Poured Concrete
Lot Description City Lot, Curbing, Major Road Frontage, Neighbor Business, Sidewalks
Lot Size Area 0.12
Road Frontage Length 44

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 05656

Statistics provided by Inside Real Estate

Price
AVG $180K
$210K
Taxes
AVG $5,984
$5,467
Visits
AVG 31
42
Year Built
AVG 1949
1917
Walkscore
AVG 34
46
Data Provided by Walkscore ® not using MLS data

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