Description
The Cary & Main Building is a rare and compelling investment opportunity in the heart of vibrant downtown St. Johnsbury, Vermont. This beautifully remodeled mixed use brick building delivers immediate, reliable income with 4 fully leased commercial units and 2 modern residential apartments, all occupied by established tenants. Anchored by long term, successful retail businesses, the property generates strong, consistent cash flow backed by proven occupancy in one of the region's most visible commercial corridors. The striking façade is distinguished by a large scale original mural by internationally renowned Cuban artist Angel RamÃÂrez transforming the building into a true local landmark and a defining piece of St. Johnsbury's thriving arts identity. Recent renovations have modernized interiors, and finishes throughout, minimizing near-term capital expenditure and ensuring lasting appeal for both commercial and residential tenants. Parking is plentiful, with convenient on street spaces and direct access to an adjacent municipal lot a meaningful advantage for retail foot traffic and residential tenants alike. Positioned at the intersection of community, culture, and commerce, this property benefits from St. Johnsbury's growing momentum as a destination for arts, dining, and tourism. Whether you're expanding your portfolio or seeking a turnkey income property in a close knit Northeast Kingdom community, the Cary & Main Building represents the best of what downtown Vermont has to offer. This property is located in an economic development zone.
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0BEDS
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0.4ACRES
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0BATHS
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01/2 BATHS
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20,363SQFT
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$44$/SQFT
School Ratings & Info
Description
The Cary & Main Building is a rare and compelling investment opportunity in the heart of vibrant downtown St. Johnsbury, Vermont. This beautifully remodeled mixed use brick building delivers immediate, reliable income with 4 fully leased commercial units and 2 modern residential apartments, all occupied by established tenants. Anchored by long term, successful retail businesses, the property generates strong, consistent cash flow backed by proven occupancy in one of the region's most visible commercial corridors. The striking façade is distinguished by a large scale original mural by internationally renowned Cuban artist Angel RamÃÂrez transforming the building into a true local landmark and a defining piece of St. Johnsbury's thriving arts identity. Recent renovations have modernized interiors, and finishes throughout, minimizing near-term capital expenditure and ensuring lasting appeal for both commercial and residential tenants. Parking is plentiful, with convenient on street spaces and direct access to an adjacent municipal lot a meaningful advantage for retail foot traffic and residential tenants alike. Positioned at the intersection of community, culture, and commerce, this property benefits from St. Johnsbury's growing momentum as a destination for arts, dining, and tourism. Whether you're expanding your portfolio or seeking a turnkey income property in a close knit Northeast Kingdom community, the Cary & Main Building represents the best of what downtown Vermont has to offer. This property is located in an economic development zone.
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Courtesy of Stephen Gorman of Badger Peabody & Smith Realty: Cell: 603-728-5377.