Johnson, VT | 12 Lower Main Street

$245,000
MLS#: 4674640
0.12
Acres
44
Road Frontage
3,459
SQ. Feet
$5,467
Taxes
1 of 10

General Property Information

Price:
$245,000
Property Status:
Active
County:
VT-Lamoille
Agency/Brokerage:
Ken Libby
KW Vermont

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.

Property Features

Year Built:
1917
# of Stories:
Road Frontage:
44
Zoning:
None
Acres:
0.12
Total Sq ft:
3459
# of units:
3
Parking:
On Street
Basement:
Partially Finished,Stairs - Exterior,Walkout
Location:
Exterior Features:
Brick,Clapboard
Sales Includes:
Building Only
Roof Style:
Membrane
Type:
Free Standing Building,Historic Building
Misc:
Living Space Available,Public Restrooms,Smoke/Heat Detectors,In-Unit Bathroom
Foundation:
Poured Concrete
Fuel:
Heating & Cooling:
Baseboard,Hot Water,Multi Zone,Radiant
Floors:
Financing:

Other Information

List Date:
2018-01-27
Last Updated:

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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