459 Portland Street, Saint Johnsbury, VT 05819 - Caledonia County

This building, built around 1950 per town assessor office, was originally a Roller Rink! Many of our locals frequented the Roller Rink as it was the "hub" for family and children. The building has since been converted into offices, beauty salons, heath & wellness spaces. Each space is in very good condition, some laminate floors, some carpet. The common area is open and welcoming. The main floor has 2 public half-baths, 2 vacant spaces and 5 occupied spaces - some of which have their own 1/2 bath &/or laundry hook-ups. The 2nd floor has 2 vacant offices and one occupied space, plus the large open walk-in "attic" is rented as storage. The membrane roof has a slight pitch & was installed around 2018, vinyl siding 2018, the fuel oil tank is about 5 years old, the Buderus boiler heats all spaces with individual thermostats, some spaces have A/C, some spaces have new carpets and laminate flooring between 2012 and 2018. The potential for acquiring new tenants is here for your investment needs, or you can utilize the offices to your personal needs. Tenants are up to date and are clean & neat. There is paved, ample parking for 16-20 and the zoning is Mixed Use. This investment opportunity should not be missed!

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