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About the Listing 857 - 283037
Rare mixed-use investment opportunity in the heart of downtown Johnson. This well-located property offers multiple income streams, strong tenant appeal, and long-term value in a growing commercial corridor. Sale includes the real estate only—the existing restaurant business, name, and equipment are not part of the offering. The main level features a flexible commercial space currently leased and operated as a restaurant, with dining area and existing kitchen infrastructure in place. This provides immediate rental income for the new owner while preserving options to maintain a food service tenant or adapt the space for another commercial use. With street-level visibility, steady pedestrian traffic, and close proximity to the Vermont Studio Center and Northern Vermont University, the location benefits from a built-in customer base. The upper level includes two 2-bedroom apartments, ideal for annual leases, student rentals, or short-term stays, with consistent demand from the local art community and student population. An additional workshop/storage area creates another income opportunity, whether leased to a local maker or used for tenant storage. Johnson is an Opportunity Zone community actively working to expand its commercial core and attract new investment. With income diversity across commercial space, residential rentals, and auxiliary storage, this centrally located property offers a solid foundation and strong upside potential.
Listing Highlights
Status
Pending
Days on Site
44
Property Type
Multi-Family
MLS ®
5072914
Year Built
1840
Total Square Footage
3,814
Lot/Acreage
0.28
County
Lamoille
Elementary School
Johnson Elementary School
Middle School
Eden Junior/Senior High School
High School
Lamoille UHSD #18
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Oil,Baseboard
- Fireplaces:
- Floor: Carpet,Hardwood,Laminate
- Above Ground Sq Ft: 3814
- Below Ground Sq Ft: n/a
- Basement: Yes,Unfinished
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: RES
- Roof: Shingle
- Others:
- Sewer: Community
Financial Details
- Tax Amount: $6,992
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
21 Lower Main St W Johnson, VT 05656
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