12 Lower Main StreetJohnson, VT 05656MLS Number 4674640

  • Price: $250,000
  • 265 Days on Market
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Federal 30-year interest rate: 4.85% last updated on Oct 18, 2018
* 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
  • 3459Square Feet

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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.

Listed by Ken Libby of Stowe Area Realty LLC

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More Info

Parking

  • Parking Spaces

Building

  • Year Built1917
  • ConstructionWood Frame
  • Units3
  • FoundationPoured Concrete
  • Square Feet3459
  • BasementPartially Finished, Stairs - Exterior, Walkout

Exterior

  • ExteriorBrick, Clapboard
  • RoofMembrane

Utilities

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

Basic Information

  • StatusACT
  • Date Listed2018-01-27T00:00:00
  • Modification Date08/23/2018
  • TypeInvestment, Multi-Family, Office, Opportunity, Retail
  • List Price$250,000
  • Agent NameLibby
  • Broker NameStowe Area Realty LLC
  • Listing Agent NameKen Libby
  • Lister Office NameStowe Area Realty LLC
  • MLS Number4674640

Location

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

Property

  • Acreage0.12
  • Property TypeCommercial Sale
  • Lot Sqft5227
  • Road Frontage44
  • SignageAdequate

Photos

  • Number of Photos6

Other

  • bloggingYes
  • AC percent50
  • Book60
  • Page426
  • Delayed ShowingsNo
  • View Count3
Coldwell Banker Carlson Real Estate
Coldwell Banker Carlson Real Estate
Office: 802-253-7358
91 Main Street
Stowe, VT 05672
Broker Reciprocity

Copyright 2018 Northern 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. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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