Commercial Land with Office
For Sale
$1,890,000
1322 Memorial Drive, St Johnsbury, VT 05819
Mostly level 3+ acre site with 330+/- feet of frontage on Route 5 and existing office, storage, and rental units.
Property SizeContact for details
Days on Market621
Property Features for 1322 Memorial Drive
General Information
Standard status
Active
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Flexible Term
Yes
Multifamily Units
2
Amenities
high speed internet
Listing Agency:
Begin Realty Associates
Listed By:
Ernest Begin
(603) 763-4932
Source:
Harborlightrealty
Added: Dec 23, 2024
Changed: Sep 4
Last Checked: Sep 5 at 8:34AM
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 commercial property consists of a mostly level parcel with more than 3 acres and approximately 330+/- feet of frontage on busy Route #5 (Memorial Drive). Improvements on-site include an office building, a storage building, and two residential rental units that are currently occupied by tenants.
The site is served by town water and sewer and is described as having access to high-speed internet. Convenient access is noted to I-91 and I-93.
The current configuration supports multiple income-producing components, including the existing rental units alongside the office and storage uses. The owner is also considering a long-term lease, with terms and conditions negotiable.
The site is served by town water and sewer and is described as having access to high-speed internet. Convenient access is noted to I-91 and I-93.
The current configuration supports multiple income-producing components, including the existing rental units alongside the office and storage uses. The owner is also considering a long-term lease, with terms and conditions negotiable.
Key Highlights
- 3+ acre mostly level commercial site with 330+/- ft of frontage on busy Route 5 (Memorial Drive)
- Existing office building plus storage building on the property
- Includes two residential rental units that currently have tenants
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Mostly level 3+ acre site with 330+/- feet of frontage on Route 5 and existing office, storage, and rental units.
Where is this commercial land located?
The property is located at 1322 Memorial Drive St Johnsbury, VT.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 3+ acre mostly level commercial site with 330+/- ft of frontage on busy Route 5 (Memorial Drive); Existing office building plus storage building on the property; Includes two residential rental units that currently have tenants
