Commercial for Sale: 36 Eastern Avenue, St. Johnsbury, VT 05819

$699,000
$699,000
36 Eastern Avenue, St. Johnsbury, VT 05819
$699,000
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Price:
$699,000

Type Commercial
Lot Size 0.17 acres
Year Built 1913
Taxes Paid $21,817

City St. Johnsbury
County Caledonia

MLS 5014281
Status Active
DOM 76 days
Desirable commercial investment opportunity with this professional office building in the heart of downtown St. Johnsbury. This turn-key ready property provides over an 8% annual return on investment with plenty of potential to substantially increase the return if desired. Offering great rental history with 8 current tenants and long-term existing leases in place for the majority of the units. The sellers tech business is occupying approx 1558 sq.ft. of office space and are willing to continue leasing for up to another year or vacate to allow the new owners use of the space for themselves or another tenant. Built in 1913, this two-story building offers 12,400 sq.ft of office space & common areas above grade and a full basement with an additional 6164 sq.ft that is ideal for storage. Updated utilities to include the boiler, central air and a new roof in 2018 with a 20-year warranty. Additional features include a 3-story elevator, fire alarm system & fully sprinklered building, fiber & cable internet run within the building. This property has free 12hr parking directly across the street in the municipal lot, town permitted parking spaces directly behind the building (small monthly fee if overnight desired), additional parking in the adjoining municipal lot behind the building, as well as in town street parking. This is a quality building with great tenants and an overall solid investment.

Lot & Building Features

Utilities Cable, Telephone At Site, Cable - Available, Cable - At Site
Construction Block Exterior, Wood Frame, Masonry, Brick Exterior
Cooling Central AC, Multi Zone
Heating Baseboard, Multi Zone, Hot Air
Parking Description Deeded, On-Site, On Street, Off-Site
Sewer Public
Tax Year 2024
Taxes Paid $21,817
Water Public
Basement Description Climate Controlled, Storage Space, Stairs - Interior, Partially Finished, Full, Concrete Floor
Foundation Concrete
Lot Description City Lot, Sidewalks, Neighbor Business
Roof Membrane

Price History of 36 Eastern Avenue, St. Johnsbury, VT

Date Name Price Difference
09/13/2024 Listing Price $699,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 36 Eastern Avenue, St. Johnsbury, VT

Location Map Street View
Photo of The Patey Team
Direct: 603-548-6392
Office
PO Box 316
Raymond, NH 03077
603-548-6392
Listed by Jim Campbell Real Estate, Ryan Pronto
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20%
3.1212360515021%
6.75%
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Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

36 Eastern Avenue (MLS #5014281) is a commercial listing located in St. Johnsbury, VT. This commercial listing is on a lot of 7,405 sqft (or 0.17 acres) and is 111 years old. This property was listed on 09/13/2024 and has been priced for sale at $699,000.

Nearby zip codes are 05810, 05819 0615, 05821, 05828 and 05851 9. This property neighbors other cities such as Barnet, Danville, Kirby and Waterford.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Jim Campbell Real Estate

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 11/28/2024