Property Listing No Longer Available for Sale

1 Main Street 1 & 2, Newport City, VT

Others for Sale - $299,000 - 0.3 acres


Property Info

CIMLS#1088963
Location
  1 Main Street 1 & 2
  Newport City VT 05855
UpdatedJune 4th, 2021
TypeOthers
Price$299,000
Land0.3 acres

Property Description

This downtown Newport Vermont condo is located in a very high traffic location with an estimated 14,000 cars per day passing by. This is a single level unit currently set up with 10 offices, two half baths, a conference room, kitchen, reception area, and a large open front retail room with commanding views of Lake Memphremagog and Owls Head. The ceilings in the conference room and retail space are very high at about 11'8". It offers dual front and rear entrances. The space was most recently used for schooling but the high exposure and convenient location make it ideal form many types of businesses. Condo fees are $100 per unit per month ($200/m for these 2 units) and cover exterior building insurance. Plowing and landscaping are split with each unit playing 1/3 of the cost.


Financials


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