125 Main Street, Newport City VT 05855

$350,000

125 Main Street, Newport City, VT 05855

bedrooms

bathrooms

square feet

Acreage

0.09

Open Houses

year built

1978

Full Baths

Half Baths

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3-Unit investment property/commercial building on Main St. in beautiful downtown Newport, VT. With all the foot-traffic downtown, this building is ideal for most any type of retail store, restaurant, gift shop, clothing boutique, office, bakery, cafe, etc. Offering great potential for as an income producing property when all three units are leased. The street level features Unit #1 that is leased long term to a restaurant with 1500+ sq.ft. & a hood system and Unit #2 is a 1600 sq.ft. retail store (vacant). Unit #3 offers 3500 sq.ft. that used to be a fully equipped restaurant/bar space with a professional kitchen and is currently finished with 13 individually leased storage rooms/office (hood system is still installed). Unit #3 is located on the walkout lower level with access from the parking lot in the rear of the building. Seller is willing to sell a valuable amount of restaurant equipment; refrigerator, freezer, deli unit, booths, tables, walk-in refrigerator, many kitchen appliances, prep areas, and much more. This is a well maintained property with a new roof installed in July 2019. Downtown offers ample on street parking, several municipal parking lots and this property offers direct access to the city owned parking lot in the rear of this building. There are many opportunities with this building & location.

Location
Subdivision	-
County	Orleans
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

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Open houses

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MLS number: 4997382

Listing agent: Ryan Pronto

Listing broker: Jim Campbell Real Estate (802) 334-3400

Last update: Tuesday, January 14 2025 at 11:36 p.m. EST

Kotohomes National