Listing Provided Courtesy Of:
Nicholas Maclure with Century 21 Farm & Forest.
Address
103 Coventry Street Newport City, VT
Price
$ 349,000
Property Attributes
  • MLS#4497036
  • TypeCommercial
  • CountyORLEANS
  • CityNewport City
  • AreaOrleans
  • Zip05855
  • StyleBusiness,Retail
  • Year Built1900
  • Taxes5803
  • Price$ 349,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage29056
  • Lot Size0.53 Acres
Listing Provided Courtesy Of:
Nicholas Maclure with Century 21 Farm & Forest.
Property Description

This building offers over 29,000 sq feet of space which includes numerous show rooms, office space, warehouse / garage space with large over head doors, as well as two residential apartments. The building offers good visibility on Coventry St (also route 5) and it is located across the street from the Pick n Shovel hardware store. A little under 24,000 sq feet is heated space. The lot offers 4300 sq feet of paved parking and it also abuts the railroad in the rear. This would make a great mixed use building with room for offices, showrooms, warehouse, and residential space. It would also lend itself well to an incubator style building. This property is located within the Foreign Trade Zone which could reduce the costs of imports for your business. Furthermore it is located in an IRS designated Opportunity Zone which could provide an investor with preferential tax treatment as part of the Tax Cuts and Jobs Act of December 2017. Finally a project could qualify for New Market Tax Credits.

Price History
6/10/2016 Listed $499,000
12/1/2016 11% - $449,000
9/23/2017 12% - $399,000
3/8/2019 13% - $349,000

General Features

Area Description Business District
Basement No
Construction Masonry, Steel Frame, Wood Frame
Construction Status Existing
Features - Accessibility Hard Surface Flooring, Low Pile Carpet, Paved Parking, Zero-Step Entry Ramp
Features - Commercial Living Space Available, Phone System
Listing Area VT-Orleans
Parking Garage, On-Site, Paved
Price Per Sq Ft 12.01
Status Active
Tax Year 2015
Transport/access City Street, Major Road Access, Rail Available, Paved
Type Commercial Sale
Year Built 1900
Zoning Commercial

Interior Features

Basement Description None
Ceiling Height Sus-ceil
Cooling Multi Zone
Gas - Natural Available No
Heating Hot Air, Hot Water, Multi Zone
Heating Fuel Gas - LP/Bottle
Utilities Cable - Available

Exterior Features

Exterior Block, Concrete, Vinyl Siding
Flood Zone Unknown
Foundation Block, Slab - Concrete
Lot Size Area 0.53
Road Frontage Yes
Road Frontage Length 135
Roof Membrane, Metal, Shingle - Asphalt
Sewer Public
Total Drive-in Doors 4
Total Loading Docks 1
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 $370K
$350K
Taxes
AVG $5,911
$5,803
Visits
AVG 7
16
Year Built
AVG 1947
1900
Walkscore
AVG 40
59
Data Provided by Walkscore ® not using MLS data

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