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