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Listed by Stephen Gorman • Badger Peabody & Smith Realty • Cell: 603-728-5377
$ 875,000
Est. payment /mo
Price Dropped by $20K
443 Railroad ST St. Johnsbury, VT 05819
20,363 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 20,363 sqft
Price per Sqft $42
MLS Listing ID 5078669
Year Built 1900
Annual Tax Amount $15,874
Tax Year 2025
Lot Size 0.400 Acres
Acres 0.4
Property 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 Ramírez 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.
Location
State VT
County Vt-caledonia
Area Vt-Caledonia
Zoning Commercial
Rooms
Basement None
Interior
Cooling Central AC
Inclusions Building Only
Exterior
Utilities Available Cable Available, Telephone Available
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Membrane
Building
Sewer Public
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Shayla Faye
REALTOR® | License ID: 072650