$450,000 ($117.99 per sqft)

Pending

Est. Mortgage $2,101/mo *

Quick Pre-Approval

Listing courtesy of Connor Johnson, KW Vermont Phone: 802-391-4224


21 Lower Main Street W, Johnson, VT, 05656

21 Lower Main Street W, Johnson, VT, 05656

4 beds

2 Full baths

1840

Apartment Building

3,814 sqft

Rare mixed-use investment opportunity in the heart of downtown Johnson. This well-located property offers multiple income streams, strong tenant appeal, and long-term value in a growing commercial corridor. Sale includes the real estate only—the existing restaurant business, name, and equipment are not part of the offering. The main level features a flexible commercial space currently leased and operated as a restaurant, with dining area and existing kitchen infrastructure in place. This provides immediate rental income for the new owner while preserving options to maintain a food service tenant or adapt the space for another commercial use. With street-level visibility, steady pedestrian traffic, and close proximity to the Vermont Studio Center and Northern Vermont University, the location benefits from a built-in customer base. The upper level includes two 2-bedroom apartments, ideal for annual leases, student rentals, or short-term stays, with consistent demand from the local art community and student population. An additional workshop/storage area creates another income opportunity, whether leased to a local maker or used for tenant storage. Johnson is an Opportunity Zone community actively working to expand its commercial core and attract new investment. With income diversity across commercial space, residential rentals, and auxiliary storage, this centrally located property offers a solid foundation and strong upside potential.


Status:

Pending

Type:

Multi-family

Units:

4

Zoning:

RES

Heating:

Oil, Baseboard

Cooling:

None

Basement:

Unfinished

Parking:

Driveway

Acreage:

0.28

Est. Taxes:

$6,992

Lot Description:

City Lot,Level,Sidewalks,Near Shopping

Elementary School:

Johnson Elementary School

Middle School:

Eden Junior/Senior High School

High School:

Lamoille UHSD #18

MLS #:

5072914


Community Info

School Info

Walk Score

Mass Transit

Yelp