342 Portland Street

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342 Portland Street

St Johnsbury, VT 05819
Asking Price
$500K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 1.93 acres <ul><li>​Infill Development / Redevelopment Site 1.93+/- acres (two lots)</li><li>​Level parcel with existing paved surface and history of prior improvements. Potentially reduced site work compared to raw land. Mixed-use zoning and well-suited for: retail / multifamily / hospitality / office / restaurant and more. Town Water and Sewer available. Eligible Opportunity Zone 1.0</li></ul>

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274

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