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Listed by Connor Johnson • KW Vermont • Phone: 802-391-4224
$274,900
Est. payment /mo
2,240 SqFt
Price Dropped by $25K
1015 VT Route 15 W Johnson, VT 05656
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $122
MLS Listing ID 5071357
Year Built 1967
Annual Tax Amount $5,892
Tax Year 2026
Lot Size 1.670 Acres
Acres 1.67
Property Description
Now vacant and ready for its next occupant! The tremendous opportunity provides a plethora of options. Continue on with a long chain of successful restaurants, or start fresh with the benefit of flexible zoning parameters! Positioned along busy VT Route 15, this well-located commercial property offers exceptional visibility, steady traffic, and ample on-site parking, an ideal setup for buyers seeking strong metrics no matter the desired use. The 2,240 sq. ft. building has long served as a successful restaurant and given the recent vacancy to accommodate a more streamlined sale, now gives new owners the flexibility to either owner-operate, or treat strictly as an investment. Inside, there is currently seating for 83 guests, a full basement for storage or prep expansion, and ramp access for added convenience. A spacious outdoor patio enhances the value, allowing operators to expand service during warm-weather months and create an inviting seasonal dining experience. The sale includes the real estate along with existing furniture and equipment used for food service (business not included), making this a turnkey option for restaurateurs or investors looking for a ready-to-operate location in a high-visibility corridor. Beyond its current use, the 1.67-acre parcel also carries approved state permits for a 5-unit residential building, three 2-bedroom units and two 1-bedroom units. An existing drilled well and wastewater disposal system (WW-7465-1) are already in place, offering added development versatility. Whether you plan to continue the property as an owner operated restaurant, capitalize on the benefits that come with new tenant selection, or explore its residential potential, this Johnson property offers strong value, exposure, and multiple paths for future use.
Location
State VT
County Vt-lamoille
Area Vt-Lamoille
Zoning Commercial
Rooms
Basement Entrance Interior
Basement Bulkhead, Concrete, Interior Stairs
Interior
Cooling None
Inclusions Building, Equipment
Exterior
Utilities Available Propane, Telephone Available
Roof Type Shingle
Building
Sewer 1500+ Gallon, Leach Field On-Site, Private

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