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Office Building with Multiple Suites
New
For Sale
$525,000

1020 Memorial Drive, St Johnsbury, VT 05819

Well-maintained office property with reception, conference, kitchen, storage, and copier areas near established commercial services.

Property Size2,268 SF
Price / SF$231.48
Days on Market6

Property Features for 1020 Memorial Drive

General Information

Standard status Active
Size 2,268 SF
Property subtype Commercial

Building Details

Year Built 1979
Listing Agency: Begin Realty Associates
Listed By: Ernest Begin
Source: Poquetterealty
Added: Aug 17 Changed: Aug 22 Last Checked: Aug 22 at 4:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Begin Realty Associates

Investment Insights

Based on property information with market context.

This office building was constructed in 1979 and is configured for professional operations, with multiple private offices, a front reception area, conference room, kitchen, copier room, and storage room. Heating is provided by storage units, and the current owner installed a leveling system. The property is described as being in great condition throughout.

The building fronts Memorial Drive, also identified as Route #5 North, with I-91 nearby. NVRH, 3 banking institutions, restaurants, and a grocery store are also located a short distance away. The existing tenant is expected to move soon, creating an opportunity for a new occupant or alternate use supported by the building’s office layout.

Key Highlights

  • Office building constructed in 1979
  • Multiple offices plus reception, conference, kitchen, copier, and storage areas
  • Located on Memorial Drive, also identified as Route #5 North

Property Analytics

Current Use

A M Peisch & Company, ... Accounting Firm

Suggested Use

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

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

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office property with reception, conference, kitchen, storage, and copier areas near established commercial services.
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: Office building constructed in 1979; Multiple offices plus reception, conference, kitchen, copier, and storage areas; Located on Memorial Drive, also identified as Route #5 North
More about this property
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