375 East Main ST Active

Newport City,VT 05855

$ 219900

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5052675

Year Built 1890

Annual Tax Amount $6,950

Tax Year 2024

Lot Size 6,969 Sqft

Property Description

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

State VT

County Vt-orleans

Area Vt-Orleans

Zoning Form 3- Urban Multi-Use

Rooms

Basement Entrance Interior

Interior

Cooling Mini Split

Inclusions Building Only

Exterior

Utilities Available Telephone Available

Roof Type Asphalt Shingle

Building

Sewer Public

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