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Multi-Office Office Building
For Sale
$525,000

1020 Memorial Drive, St Johnsbury, VT 05819

Commercial Sale, St. Johnsbury, VT

Property Size2,200 SF
Lot Size0.70 Acres
Price / SF$238.64
Days on Market63

Property Features for 1020 Memorial Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Lot features Near Country Club, Near Shopping, Level, Major Road Frontage, Near Hospital
Directions Property Property located on the East side of Memorial Drive (AKA Rte 5 North) adjacent to the Eastrise Credit Union building
Standard status Active
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6145

Utilities

Utilities Phone Available
Heating system Other (Heating)
Water source Public

Building Details

Year built 1979
Building materials Wood Frame
Roof type Shingle
Listing Agency: Begin Realty Associates
Listed By: Ernest Begin
Added: Aug 18 Changed: Oct 19 Last Checked: Oct 19 at 6:06PM
MLS# 5105743

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The 2,200-plus-square-foot office building is arranged into several offices, most approximately 12 by 12 feet, along with a reception area, conference room, kitchen, copier room, and storage room. Built in 1979 with wood-frame construction, it has a shingle roof and public water. Heating is provided by storage units, and an owner-installed leveling system is in place. The property occupies 0.7 acres and is zoned Commercial.

The building is on Memorial Drive, identified as Route 5 North, a short distance from I-91. Nearby destinations named in the property information include NVRH, three banks, restaurants, and a grocery store. Phone service is available.

Key Highlights

  • 2,200+ square feet arranged into several offices
  • Most offices are approximately 12 × 12 feet
  • Reception area, conference room, kitchen, copier room, and storage

Property Analytics

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Current Use

A M Peisch & Company, ... Accounting Firm

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Pharmacy Bakery Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

Demographics for 05819, VT

9,040
Population
4,352
Households
2.1
Avg Household Size
43
Median Age
31%
College-Educated
94%
High-School Grad
88.8 sq mi
ZIP Area
102
Density / Sq Mi
$59,844
Median Household Income
$37,437
Median Earnings
$902
Median Rent
$190,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercial-zoned space includes a reception area, conference room, kitchen, copier room, and storage.
Where is this office building located?
The property is located at 1020 Memorial Drive St Johnsbury, VT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,200+ square feet arranged into several offices; Most offices are approximately 12 × 12 feet; Reception area, conference room, kitchen, copier room, and storage
More about this property
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