Here is opportunity!! This was once a thriving mini mart and carwash. It could easily be that again as we know it has a superb location! What's left is an income producing complex from fuel sales and rental income. Or maybe there is a plan for something different? This is the gateway into our Community. Gardner Park is right next door that attracts 1000's in the summer. ATV's and Snowmobilers have access to this part of town. This will take ambition and imagination. But know that the best location in Town is for sale!
Now is your chance to secure a fully permitted development project located in the heart of Newport, Vermont. This unique offering includes 19 build-ready lots, complete with water, sewer, power, and fire hydrants already in place allowing you to move forward with construction immediately. State and local permits on file for the development, each lot has been surveyed with pins set, and would fall under the Vermont Home ACT S.100, giving you flexibility to build single-family homes, duplexes, triplexes, quadplexes, or a combination. Whether youâ??re planning a residential neighborhood or a mixed-use community, this project offers the foundation for success. Positioned in a prime location, these lots are just minutes from North Country Hospital, I-91, restaurants, shopping, bike path, and more. Residents will enjoy both convenience and the charm of a growing community. Adding a touch of character, each street in this development is named after U.S. presidents and generals. Donâ??t miss this one-of-a-kind opportunity to shape the future of Newport by bringing much-needed housing and investment to the area. With infrastructure and approvals already in place, the path is clear for your next development venture. *Home Act S.100-Expansion of multi-unit housing: The law essentially bans single-family-only zoning statewide. It requires municipalities to: Allow duplexes wherever single-family homes are permitted and permit up to four-plexes on lots served by municipal water and sewer.
Come see this Industrial building with 8,400 square foot in a prime location on East Main St. Ideal for light manufacturing and/or warehousing in a central location with plenty of on-site parking. This building has been occupied by major manufacturers as is the history of this building with the current business producing product that's being distributed worldwide. The building measures 70'x120' with an open floor plan, wood frame construction, 16'+ ceiling height, metal roof/siding & interior walls/ceiling cover and offers a bathroom facility, office area and approx. 1200sq.ft of mezzanine area. There are 3 loading docks and a comfortable waiting area. Additional features include three-phase power and public water & sewer services. The location lends itself to close interstate connections that allow for traffic flow to and from Canada or Boston and New York. An international airport is 5 miles away with a new facility being built to manage people and cargo. The runway can handle medium sized jets. This location has served this company well. They are selling only to build a larger facility locally. The Northeast Kingdom offers a willing workforce, affordable housing, great schools, natural beauty only dreamed about and is a recreation Mecca.
Rare opportunity to acquire a well maintained office building in a highly visible location on 41 Highland Ave in Newport City (VT Route 105). Commercial signage opportunity along major road. Prior uses include Veterinary Office and Credit Union. Easy-to-maintain 0.20 acre parcel features nice landscaping, abundant paved parking with front visitor lot and rear employee lot with access ramp, and a 1524+/- SF office building. Building has two levels and the main floor features 788+/- SF of finished space with bright natural light throughout. There is a large open area for reception and work stations, two private offices (one could be conference room), and a wall A/C unit. The 736+/- SF lower level features two private offices, laundry room with deep sink, private room with shower, private half-bathroom, and utility room. This is an ideal building to relocate your business or move your office out of your home and get some visibility on a major road. All uses will be considered and the building could also be converted into residential. NEW EXTERIOR PAINT! Inquire today - clean and well cared for building in a prime location at a great price. Also included in the sale is a 0.16 acre parcel on the north side of Highland Ave (SPAN 435-136-14868) and listed tax figures and size includes both parcels factored in. The additional parcel has potential for development but is steeply sloped. Deferred maintenance on main floor windows (moisture seals) is factored into listing price.
Exceptional commercial opportunity in downtown Newport with owner financing available. The existing configuration offers 24,000+/- sq. ft. of retail space and income-generating potential with several leasable business spaces. Features include a high-traffic location, three renovation-ready apartment units, dedicated office space, and a three-bay oversized garage. Formerly home to a prominent furniture business, this property is currently utilized for self-storage/liquidation, with potential for warehouse conversion, or operation as an automotive repair shop. Additional highlights include multiple loading docks, and 4000+ sq. ft. of paved onsite parking adjacent rail access. With unbeatable visibility and accessibility to Newportâ??s downtown, this is truly all about location.
For sale in Newport, VT â?? a versatile standalone commercial building offering approximately 5,550 sq.ft. of space on 1.27 acres. The first floor spans about 4,400 sq.ft. and includes four large classrooms, eight offices, a kitchen area, and four handicap-accessible bathrooms. The building is fully wheelchair accessible and features 36" fire-rated doors throughout for safety and code compliance. The second floor offers an additional 1,150 sq.ft. that could be used as office space or converted to an apartment, though it will need some cosmetic updates. Recent upgrades include new siding, a new shingled roof, updated flooring on the main level, fresh interior paint, and many new windows. Formerly used as a school and previously as a grocery store, this flexible space is ideal for a wide range of uses such as daycare, professional offices, senior housing, light manufacturing, religious or recreational useâ??located in Newport Cityâ??s Urban Residential (UR) zoning district. Features include ample parking, public water and sewer, and existing fire and security alarm systems. Conveniently situated within walking distance to downtown, this property offers outstanding potential for both investors and owner-users.
Discover this enticing property - a bustling high-traffic location filled with potential! Envision a spacious area where your ideas can thrive. The city has stated it can support constructing a building up to 1,500 sq ft with parking for 8 vehicles. Featuring city utilities, dual road access, and the option for seller financing, this property is worth your consideration. Water, Sewer and Power all on the lot. Perfect for food trucks or stylish boutiques, this spot presents a profitable location for you to take advantage of!
Check out this exceptional leased office space offering visibility, character, and versatility in a high-traffic location just minutes from Lake Memphremagog, downtown Newport, shopping, gas, groceries and so much more! This historic building sits proudly on a 0.16-acre lot and loaded with potential. The layout features a generous 1,478 sq ft on the main floor, a 986 sq ft second level, and ample attic, basement and garage storage. The building has solid mechanics & systems with many updates / upgrades in the last decade providing confidence to a future owner. This property also offers a corner lot providing great street presence with paved off-street parking and walkability to local amenities. This building is leased through May 2027 to a long term tenant. Tenant pays $1800/m and for electric, heat and trash removal. This is a great opportunity to purchase an investment with an existing tenant. The building offers flexibility and value. Don't miss out on this turn-key investment in a growing community. Reach out today to schedule a tour or explore this opportunity!
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!
23,511 SF facility with public water/sewer available FOR SALE or FOR LEASE! Located directly across from North Country Hospital and set on a secluded 4.62 acre parcel with mature landscaping and a large paved parking lot. Full commercial kitchen, dining lounge/cafeteria, 32 bedrooms (4 single occupancy rooms w/private bath, 28 double occupancy rooms w/shared bath), hair salon, activity room, snack room, commercial laundry room, a PT room, large nursing station, med closet, staff lounge, multiple reception areas, admin offices, washrooms, maintenance crib, storage and supply rooms, and mechanical and electrical rooms. There is a 816 SF detached 2-car garage used for maintenance/storage and a 180 SF shed. Water and sewer through the City of Newport, 3-phase power providing 400amp, 600V. Backup propane generator on-site. Wet sprinkler system. Adjacent to North Country Hospital medical complex, and in close proximity to North Country High School, Columbia Forest Products, and Prouty Beach Campground. Rec trails nearby and minutes from downtown Newport City. Zoning is "PHO" and the large 4.62 Acre lot allows for many possible Uses include Adult Day Care, Clinics, Licensed Day Care, Religious Institutions, Schools, Dormitories, Assisted Living Facility, Condominiums, Hospitals, Offices, Nursing Homes, etc.. See Documents tab for additional zoning info.
3-Unit commercial investment property in a prime location on Main St in beautiful downtown Newport, VT. Units #1 and #2 have strong long-term tenants placed and Unit #3 is available - can be leased out for income or a buyer can operate their business here. Currently a 6.3% Cap Rate factoring in 48% vacancy (lower level) with a pro-forma Cap Rate of 10.94% (numbers are projected only). With all the foot-traffic downtown, this building is ideal for most any type of retail store, restaurant, gift shop, clothing boutique, office, bakery, cafe, etc. Offering great potential as an income producing property when all three units are leased. The street level features Unit #1 that is leased long term to a restaurant with 1500+ SF & a hood system and Unit #2 that is leased long term to a vape/gift shop with 1600 SF and a private bathroom. Unit #3 offers 3500 SF that used to be a fully equipped restaurant/bar space with a professional kitchen and is currently finished with 13 individually leased storage rooms/office (hood system is still installed). Unit #3 is located on the walkout lower level with access from the parking lot in the rear of the building. This is a well maintained property with a new roof installed in July 2019. Downtown offers ample on street parking, several municipal parking lots and this property offers direct access to the city owned parking lot in the rear of this building. Additional information and net operating income available to qualified buyers.
This 41-acre parcel of land, strategically positioned at the confluence of Derby (13.2 acres) and Newport (27.6 acres), enjoys proximity to key landmarks such as the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon St. While currently designated for commercial use, there exists a promising potential for residential development, contingent upon rezoning. The untouched terrain presents an opportunity for an expansive upscale dwelling, offering panoramic vistas of Lake Memphremagog, Jay Peak, Willoughby Gap, and downtown Newport. Proposed blueprints outline the feasibility of a 7-lot commercial subdivision or a 13-lot residential division with access to essential water and sewer amenities. Furthermore, being within the Foreign Trade Zone could translate to reduced import expenditures for enterprises, along with the prospect of qualifying for New Market Tax Credits. This property warrants a personal inspection, with the additional detail that two (2) stakeholders are licensed Vermont Real Estate Brokers.
Newport City is located in Vermont. Newport City, Vermont has a population of 2,223.
The median household income in Newport City, Vermont is $52,283. The median household income for the surrounding county is $58,037 compared to the national median of $69,021. The median age of people living in Newport City is 47.2 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 1.1 degrees. The average rainfall is approximately 42.3 inches per year, with 100.6 inches of snow per year.
