21 Lower Main Street W, Johnson, VT, 05656 | $450,000

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.

Features

  • Bedrooms: 4
  • Baths: 2 full
  • Units: 4
  • Style: Apartment Building
  • Year Built: 1840
  • Heating: Oil,Baseboard
  • Cooling: None
  • Basement: Unfinished
  • Approx Sq. Feet: 3,814
  • Acreage: 0.28
  • Est. Taxes: $6,992
  • Lot Desc: City Lot,Level,Sidewalks,Near Shopping
  • Elem. School: Johnson Elementary School
  • Middle School: Eden Junior/Senior High School
  • High School: Lamoille UHSD #18
  • MLS#: 5072914
  • Website: https://www.raveis.com
    /prop/5072914/21lowermainstreetw_johnson_vt?source=qrflyer
©2026 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/27/2026
Listing courtesy of KW Vermont   Phone: 802-654-8500
Listing Agent: Connor Johnson

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NMLS Mortgage Loan Originator ID 81725

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21 Lower Main Street W, Johnson, VT, 05656

$450,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $360,000 $360,000 $360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 5.875% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.112% 6.520% 5.415%
Monthly Tax Payment $583 $583 $583
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,988 $2,130 $2,870
Total Monthly Payment $2,646 $2,788 $3,528

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.