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.
This well-maintained duplex offers two spacious units, each with recent updates and thoughtful improvements designed for comfort and peace of mind. Ideal for investors or homeowners seeking rental income, this property features upgrades that enhance functionality and value. Key Updates and Features incNew Roof (2020): The property features a new roof installed in 2020 with a standard guarantee on shingles, ensuring long-term durability and protection against the elements. New Windows (2022): All living spaces in both the upstairs and downstairs units have new windows installed in 2022, providing improved energy efficiency, natural light, and modern aesthetics. Flood-Resistant Utility Room & Mechanical Upgrades (2023): In response to the 2023 flood, the utility room was added above flood stage. Significant upgrades include new electrical panels, a new furnace boiler, and a new hot water heater for the upstairs apartment—now conveniently located in the utility room for added safety and accessibility. Downstairs Apartment Renovations (2023): Kitchen: New cupboards, stove, and dishwasher installed in 2023 for a modern cooking experience. Laundry: Washer and dryer included; the washer is brand new, while the dryer is secondhand. Bedrooms: Two bedrooms with closets offer ample storage, plus one large room currently used as a bedroom (without a closet). Upstairs Apartment Improvements: Newly installed shower in 2023 for added comfort.
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