Listing Provided Courtesy Of:
Ryan Pronto with Jim Campbell Real Estate.
Address
23 East Main Street Newport City, VT
Price
$ 299,000
Property Attributes
  • MLS#4424343
  • TypeCommercial
  • CountyORLEANS
  • CityNewport City
  • AreaOrleans
  • Zip05855
  • StyleDevelopment,Vacant Land
  • Year Built1860
  • Taxes7550
  • Price$ 299,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1394
Listing Provided Courtesy Of:
Ryan Pronto with Jim Campbell Real Estate.
Property Description

Located at one of the busiest intersections in all of Orleans County, this commercially zoned property offers prime development potential with 0.96 acres of land and city water & sewer. This site is also located within the Newport Opportunity Zone, offering potential for substantial tax benefits for real estate developers/investors. The existing structures consist of a 1,400-square-foot, 2-story home, built in 1860, with character in the original hardwood floors & trim work throughout. Offers the potential to be utilized as a professional commercial office or retail property. Detached 3-story barn structure and a 2-car garage also on-site. The land slopes in the rear and offers a large amount of fill that could be excavated to make this a fairly level, spacious, fully usable and highly desirable commercial building site. If more land or buildings are needed, the property adjacent on Union St. is for sale w/ a 4,000-square-foot building & 0.33 acres (MLS#4423543), as well as the lot & buildings adjacent on East Main Street w/ 1.2 acres of land.

Price History
10/17/2019 Listed $299,000

General Features

Area Description Business District
Construction Wood Frame
Construction Status Existing
Features - Commercial Additional Outbuildings
Listing Area VT-Orleans
Price Per Sq Ft 214.49
Status Active
Tax Year 2020
Transport/access City Street, Paved
Type Commercial Sale
Year Built 1860
Zoning Commercial

Interior Features

Basement Yes
Basement Access Type Interior
Basement Description Partial
Gas - Natural Available No
Heating Hot Air
Heating Fuel Oil
Total Number of Units 1
Utilities Cable - Available

Exterior Features

Exterior Combination
Flood Zone No
Lot Description Corner
Road Frontage Yes
Road Frontage Length 500
Roof Shingle
Sewer Public
Water Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 05855

Statistics provided by Inside Real Estate

Price
AVG $410K
$300K
Taxes
AVG $6,101
$7,550
Visits
AVG 6
3
Year Built
AVG 1946
1860
Walkscore
AVG 38
49
Data Provided by Walkscore ® not using MLS data

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