81 EAST MAIN STREET Newport City, VT 05855 | Commercial Sale | Business, Office, Opportunity, Other

$160,000

Closed
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1.2 acres
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Jim Campbell Real Estate

Description

Location, location – fully describes this commercial property on East Main St. in Newport, VT with 1.2 acres of land and a 2146 sq.ft building (37’x58’). Currently utilized as a mechanics garage but could easily be a warehouse, contractors garage or renovate to suit your needs. Desirable location for most any type of sales with the high exposure to traffic and plenty of parking in the paved yard. The main garage is concrete block construction, metal roof, 3 overhead doors/garage bays (10’x10’ doors), 700 sq.ft of office & reception space with a ¾ bath and is currently heated with a waste oil furnace. Additional detached 2-car storage garage is usable and an older storage building (in need of a roof or to be torn down). This commercially zoned property offers prime development potential with city water & sewer and also has an oil/water separator. Located just up from one of the busiest intersections in all of Orleans County and within the Newport Opportunity Zone, offering potential for substantial tax benefits for real estate developers/investors. This is a prime location for many uses and is well worth a look today. Available immediately. Adjoining property with .96 acres also available. See MLS # 4841801

Property Details

List Price $169,000 Sold Price $160,000 List Date 2021-04-13 Sold Date 2021-10-22 MLS ID 4855437 Status Closed Property Type Commercial Sale Business Type Business, Office, Opportunity, Other County VT-Orleans Days on Market 135

structure

accessibility features No Stairs from Parking, One-Level Business, Paved Parking basement No Total Baths 0 building area units Square Feet foundation details Concrete, Slab - Concrete heating Forced Air, Hot Air living area units Square Feet Parking Features Driveway, Garage, Parking Spaces 21+ roof Metal stories 1 year built 1940

characteristics

current use Garage, Other, Warehouse Acres 1 lot size area 1.2 Lot SqFt 52272.0 # of Units 1 view Lake view y n No water body name Memphremagog Lake waterfront features No waterfront y n No

tax

tax annual amount 4805.9 tax year 2021 zoning Commercial

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Non-Rep Comp. 3 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 9:41:53 PM (UTC)