$1,200,000
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487 East Main Street Newport City, VT 05855
Other
Residence
Beds
Baths
...
Bed/Bath
4,600
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Location, Exposure, and Untapped Potential! This prime 2.04-acre commercial development site is located at one of the busiest 4-way intersections in Orleans County and offers exceptional visibility with dual frontage on both East Main St and Sias Ave. Zoned commercially and with city water and sewer... available, the property provides easy access and is perfect for a wide range of commercial development uses. The site currently features two fully leased buildings totaling over 4,600 sq ft, with 487 East Main St offering 2,400+ sq ft of ground-floor office space (formerly a general store) and an upstairs apartment, while 27 Sias Ave has a 2,200+ sq ft duplex with two residential apartments. The lot also provides open, level acreage with plenty of room to expand, develop, or reconfigure for new uses. This location offers endless possibilities, from retail plazas and medical offices to restaurants, mixed-use developments, or national chains. The existing income stream allows for cash flow while you plan your project. Note: An adjacent single-family home on .24 acres is not included in the sale but may be negotiable at an additional price. Donâ??t miss this rare opportunity in a high-visibility corridorâ??bring your vision and capitalize on this development potential!
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MLS#
5049279
Property Type
Other
Year Built
1885
Square Feet
4,600
sq. ft
Price per Sq. Ft.
$260.87
Lot Size
2.12
Sewer
Public Sewer
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