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Located at 487 East Main Street, Newport City, Vermont 05855, this Commercial is for Sale with a price of $1,200,000 USD. The property was built in 1885,. This listing encompasses a lot of 2.12 Acres. See all Homes for Sale in Newport City.

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1. 487 East Main Street
1. 487 East Main Street
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VermontNewport City487 East Main Street

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Description

487 East Main Street,

Newport City, VT 05855

Listing Courtesy of Ryan Pronto, Jim Campbell Real Estate


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. Dont miss this rare opportunity in a high-visibility corridorbring your vision and capitalize on this development potential!

Data provided by : PRIME MLS

Amenities

  • Basement
  • Corner Lot
  • Street Lights
$1,200,000
price
Commercial
Property type
Available
market status
North Country Supervisory Union
School District
5049279
MLS ID
1885
Year Built
339
Days Posted
2.12 Acres
Exterior

487 east main street
Newport City, VT 05855

$1,200,000