USAVTNewport487 E Main St
487 E Main St, Home with 0 bedrooms, 0 bathrooms and null parking in Newport VT | Image 1
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$1,200,000

487 E Main St, Newport, VT

Real Estate

For Sale

$--,---,---
000

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $14,776
Days Active 31
Approx. Age 1885
MLS® Number 5049279

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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. Don’t miss this rare opportunity in a high-visibility corridor—bring your vision and capitalize on this development potential!Show Description
MLS® Number5049279
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1885
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heatundefined
A/C
Heating Fuel

Extras

Land/Building

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