12 Lower Main StreetJohnson, VT 05656MLS Number 4674640

  • Price: $250,000
  • 450 Days on Market
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Federal 30-year interest rate: 4.17% last updated on Apr 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.12Acreage
  • 1917Year Built
  • 3,459Square Feet

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Listed by Ken Libby of Stowe Area Realty LLC

The Historic ROYCE building has been the gathering spot in the center of Johnson Village for over sixty years. Originally, the building was home to the Johnson Post Office and Grand Union Store. In 1952 it was converted into a restaurant and since then the ROYCE building has been continuously operated as a restaurant providing the town with a central location for great food and community. The first floor (2167 sq. ft.) has 75 permitted seats with two dining rooms with classic tin ceilings, an expanded kitchen with tile floors, two restrooms, central air conditioning, and radiant heat. The second floor (1292 sq. ft.) is a 3 BR apartment/owners living quarters with original wood floors and separate entryway. The lower level has an additional 422 sq feet of retail space and is accessed by an entry door off the sidewalk. This level is also the home to the utility, boiler, and storage rooms. The boiler was replaced in 2010 and oil tank in 2017. The flat roof with an EDPM rubber membrane was installed in 2006 and has a 30-year warranty. The property is serviced by Johnson Village Water & Sewer and electric service is single phase with 3 meters, one for each level. Multi-zoned heat includes one zone for a 180 degree hot water system. The property is currently vacant and does not include a complete commercial kitchen, although the functional Ansel hood system is in place.

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More Info

Basic Information

  • StatusACT
  • Modification Date02/02/2019
  • TypeInvestment, Multi-Family, Office, Opportunity, Retail
  • List Price$250,000
  • Broker NameStowe Area Realty LLC
  • Listing Agent NameKen Libby
  • Lister Office NameStowe Area Realty LLC
  • MLS Number4674640

Utilities

  • FuelOil
  • Heating CoolingBaseboard, Hot Water, Multi Zone, Radiant
  • Phone CompanyFairpoint

Location

  • Building Number12
  • StreetLower Main
  • TownJohnson
  • StateVT
  • Zip05656
  • CountyLamoille
  • Map600-010

Property

  • Acreage0.12
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft5,227
  • Road Frontage44

Other

  • AC percent50
  • View Count24

Building

  • Year Built1917
  • ConstructionWood Frame
  • Units3
  • FoundationPoured Concrete
  • Square Feet3,459
  • Available Sqft3,459
  • BasementPartially Finished, Stairs - Exterior, Walkout

Exterior

  • ExteriorBrick, Clapboard
  • RoofMembrane
Coldwell Banker Carlson Real Estate
Coldwell Banker Carlson Real Estate
Office: 802-253-7358
91 Main Street
Stowe, VT 05672
Broker Reciprocity

Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 21, 2019.

 

 

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