Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Building with Private Entrances Title is generated by Realmo AI

    77 Concord Avenue, St Johnsbury, VT 05819

    View on Map
    Claim this Listing
    For Sale
    $327,500

    Two ground-floor commercial units and three apartments share private entrances and dedicated off-street parking.

    Type:Commercial
    Property size:
    8,765 SF
    Price / SF:
    $37/SF
    Added:
    Apr 1, 2025
    Days on Market:
    431
    Last Refresh:
    Jun 5 at 2:26 am

    Property Features for 77 Concord Avenue

    General Information

    Standard status
    Active
    Size
    8,765 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Timothy Scott

    Listing office Tim Scott Real Estate

    Listing date Apr 1, 2025

    Source Poquetterealty

    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 Tim Scott Real Estate

    HighLights

    • Mixed‑use building built in 1900 with two ground‑floor commercial units and three residential apartments
    • Two commercial spaces: one plumbing business space with retail/showroom plus two private offices, and a dog grooming unit with open layout and half bath
    • Three apartments with separate private entrances: 1BR/1BA on the ground level and two 2BR/1BA units on the second floor
    • All tenants pay their own electric, with dedicated private entrances for each unit
    • Rear two‑bay garage provides storage, plus a paved lot with off‑street parking
    • Sale includes real estate only; Trombly Plumbing is moving out at the end of the year

    Overview

    This mixed-use property offers two ground-level commercial spaces alongside three residential units within one building. The first commercial unit is occupied by a plumbing business and includes a retail/showroom area plus two private offices. The second ground-floor commercial unit is configured for dog grooming with an open layout and a half bath. Residential components include a one-bedroom, one-bath apartment on the ground level and two two-bedroom, one-bath apartments on the second floor. Each unit has its own private entrance, and all tenants pay their own electric. A two-bay garage at the rear of the building provides additional storage, and the paved lot supports off-street parking.

    The property is located at 77 Concord Avenue in St. Johnsbury, positioned just moments from downtown shopping, restaurants, and other local amenities. The building’s mix of uses can serve a variety of operator and ownership goals while maintaining independent access for each unit.

    For a buyer, the income stream is supported by the existing commercial and residential configurations, with sale of the real estate only and no businesses included. Trombly Plumbing is moving out at the end of the year, which may open up space for a new retail or office tenant within the ground-level storefront area. The property’s dedicated entrances, tenant-paid electric, and rear garage storage can be practical considerations for both owner-occupants and investors seeking diversified use.
    Location Intelligence

    Current Use by Public Records

    Northeast Propane Services HVAC Service Trombly Plumbing & Heating ... Plumbing Service Static Pet Grooming Pet Grooming Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Johnsbury
    County
    Caledonia
    State
    Vermont
    Longitude
    -72.0134633
    Latitude
    44.4257435

    Nearby Similar for Sale

    • $198,000
      4,592 SF

      Victorian Multifamily Conversion Opportunity

      Partially converted six-unit building with updated structure and planned propane heating and individual metering.
      277 Summer Street, St. Johnsbury, VT 05819
      View Details
    • $495,000
      3,934 SF

      Five-Unit Apartment Building

      Well-maintained five-unit apartment building with separate heating and electric meters.
      373 Spring Street, St. Johnsbury, VT 05819
      View Details
    • $750,000
      4,536 SF

      Renovated Historic Mixed-Use Property

      Historic St. Johnsbury property with residential and commercial potential.
      1394 Main Street, St. Johnsbury, VT 05819
      View Details
    • $200,000
      5,546 SF

      Two-Unit Residential with Retail Space

      Two residential units plus a retail space offer a small, straightforward property management setup in St. Johnsbury, VT.
      166 Eastern Avenue, St. Johnsbury, VT 05819
      View Details
    • $315,000
      2,889 SF

      Three-Unit Residential Income Property

      Three fully occupied units with updated exterior and on-site parking, ideal for buyers seeking a maintained residential income asset.
      385 Spring Street, St. Johnsbury, VT 05819
      View Details
    • $399,999
      2,876 SF

      Five-Unit Residential Income Building

      Five rental units with dedicated off-street tenant parking, including two-bedroom and one-bedroom layouts.
      129 Elm Street, St. Johnsbury, VT 05819
      View Details
    • $750,000

      Historic Mixed-Use St. Johnsbury Property

      Historic St. Johnsbury mixed-use property with office, apartments, and house.
      1394 Main Street, St. Johnsbury, VT 05819
      View Details
    • $359,000
      5,577 SF

      Mixed-Use Investment Opportunity

      Well-maintained mixed-use property in downtown St. Johnsbury.
      77 Concord Avenue, St. Johnsbury, VT 05819
      View Details
    • $160,000
      1,960 SF

      Duplex For Sale

      Well-maintained duplex with two tenants in place and leases through Summer 2026.
      109 Caledonia Street, St. Johnsbury, VT 05819
      View Details
    • $325,000

      Well-Maintained Triplex on 1.19 Acres

      Three-unit property near Main St with reliable tenants.
      32 Wesley Dr, St. Johnsbury, VT 05819
      View Details
    • $235,000
      2,344 SF

      Two-Unit Duplex with Two-Bedroom Units

      Duplex offers two nearly mirrored two-bedroom apartments with separate utilities, vinyl exterior, and a 2+ car garage.
      79 Harrison Avenue, St. Johnsbury, VT 05819
      View Details
    • $225,000

      Versatile Commercial Building Near Interstates

      Adaptable commercial building with loading docks and parking.
      192 Railroad Street, St. Johnsbury, VT 05819
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two ground-floor commercial units and three apartments share private entrances and dedicated off-street parking.
    Where is this mixed-use property located?
    The property is located at 77 Concord Avenue St Johnsbury, VT.
    What is the asking price?
    The asking price for this property is $327,500.
    What are key features of this property?
    This property features: Mixed‑use building built in 1900 with two ground‑floor commercial units and three residential apartments; Two commercial spaces: one plumbing business space with retail/showroom plus two private offices, and a dog grooming unit with open layout and half bath; Three apartments with separate private entrances: 1BR/1BA on the ground level and two 2BR/1BA units on the second floor
    We can help!
    Listing Contact
    Timothy Scott
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    77 Concord Avenue, St. Johnsbury, VT 05819
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!