Saint Johnsbury, Vermont Commercial Real Estate 0 Listings

Saint Johnsbury, Vermont: A Premier Destination for Commercial Real Estate

Introduction

Saint Johnsbury, Vermont, offers a unique and promising landscape for commercial real estate (CRE) investors and professionals. Despite its small size, with a population of approximately 7,000, the town is a key player in northern Vermont’s economic ecosystem. Known for its historical significance and economic diversification, Saint Johnsbury's CRE market is driven by industries such as manufacturing, healthcare, and education, providing ample opportunities for investment in various property types.

Economic and Industry Overview

Saint Johnsbury is a hub for several major industries that contribute to its CRE demand. Manufacturing remains a substantial sector, with businesses focusing on high-value products. The healthcare industry also plays a significant role, supported by facilities like the Northeastern Vermont Regional Hospital. Additionally, educational institutions contribute to the local economy, attracting both local and regional talent.

The Northeast Kingdom Economic Development Initiative actively promotes the region's economic growth, offering support to businesses that drive demand for office, industrial, and retail spaces.

Strategic Location and Transportation Infrastructure

Saint Johnsbury's strategic location provides excellent logistical advantages. It is situated near the intersection of Interstates 91 and 93, facilitating easy access to major markets in the northeastern United States and Canada. The town is also served by the Vermont Agency of Transportation, which ensures well-maintained roadways for smooth transit of goods and services.

While Saint Johnsbury does not have a major airport, it benefits from proximity to the Burlington International Airport and the regional rail network, enhancing its connectivity for business operations.

Commercial Real Estate Inventory & Zoning

Saint Johnsbury's CRE landscape is composed of distinct submarkets, including the Central Business District (CBD), industrial corridors, and innovation districts. The town offers diverse asset classes such as industrial, retail, flex, office, and medical spaces. Recent zoning changes and incentives, such as New Market Tax Credits, further enhance development potential.

For detailed zoning information and parcel viewers, visit the Town of Saint Johnsbury Zoning Maps.

Major Employers and Institutions

Saint Johnsbury boasts several top employers that impact its CRE market. Key players include Fairbanks Scales, Northeastern Vermont Regional Hospital, and St. Johnsbury Academy. These institutions not only provide employment but also drive demand for commercial spaces.

For a comprehensive list of employers, explore the Northeast Kingdom Business Directory.

Notable Commercial Developments & Projects

Significant development projects in Saint Johnsbury include mixed-use developments and public-private partnerships aimed at revitalizing the downtown area. These projects are part of the town’s broader economic strategy to attract new businesses and residents.

For more information on ongoing projects, visit the Saint Johnsbury Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Saint Johnsbury offers a range of resources:

Market Data & Economic Reports

Saint Johnsbury's economic landscape is supported by a wealth of public data. Resources such as Census.gov and local economic impact reports provide valuable insights. Brevitas leverages AI-powered aggregation from these public data sources, offering detailed market analysis and insights.

Explore Brevitas-powered dashboards for Saint Johnsbury here.