397 Railroad St St Johnsbury, VT 05819-1739
- Commercial real estate
- 18,830 SF
- 0.30 lot acres
Current Use by Public Records
- Birches Restaurant / French Restaurant
- Ideal Weight Solutions / Weight Loss Service
- Kingdom Taproom / Restaurant / American Restaurant
- Keene Medical Products / Medical Supply Store / Oxygen Equipment Supplier
- Kingdom Taproom & Table / Restaurant / American Restaurant
Property Details for 397 Railroad St
- Year built
- 1900
- Construction
- STEEL FRAME
- Lot size
- 0.30 lot acres
- Property size
- 18,830 SF
- Property type
- Commercial real estate
- APN
- (176) 238018
- APU
- 176238018
Description
This exceptional mixed-use investment property, located at 397 Railroad St in the heart of Saint Johnsbury, Vermont, presents a compelling opportunity for discerning investors. The 26,820 square foot building, constructed in 1900, sits on a 0.3-acre lot and is currently fully leased, generating immediate and consistent cash flow. The building boasts elevator access to all three floors, ensuring accessibility for all tenants and patrons. The basement is occupied by a bar and entertainment venue, providing a vibrant atmosphere. The first floor houses a diverse mix of tenants including a bar/restaurant, a brewery, and office space, showcasing the property's versatility. The second floor is dedicated to office use, catering to a different segment of the market. This fully handicap-accessible building offers a unique blend of commercial uses, creating a strong and diversified tenant base within a thriving downtown location. The asking price for this prime investment property is $950,000, representing a significant return on investment given its current occupancy and desirable location in Caledonia County, Vermont (zip code 05819). This is a rare opportunity to acquire a stable, income-producing asset in a vibrant Vermont community.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $919,000
- AI Estimate
- $845,000
Market price range: $863k - $2.26MMarket price range: $736k - $2.31M
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Location Insight
- Map
- Local Demand
- City
- St Johnsbury
- County
- Caledonia
- State
- Vermont
- Longitude
- -72.0161
- Latitude
- 44.4186