375 East Main Street Newport City, VT 05855
Commercial-Other
MLS #: 5052675
Listed By CENTURY 21 Farm & Forest
Property InformationDescription
Check out this exceptional leased office space offering visibility, character, and versatility in a high-traffic location just minutes from Lake Memphremagog, downtown Newport, shopping, gas, groceries and so much more! This historic building sits proudly on a 0.16-acre lot and loaded with potential. The layout features a generous 1,478 sq ft on the main floor, a 986 sq ft second level, and ample attic, basement and garage storage. The building has solid mechanics & systems with many updates / upgrades in the last decade providing confidence to a future owner. This property also offers a corner lot providing great street presence with paved off-street parking and walkability to local amenities. This building is leased through May 2027 to a long term tenant. Tenant pays $1800/m and for electric, heat and trash removal. This is a great opportunity to purchase an investment with an existing tenant. The building offers flexibility and value. Don't miss out on this turn-key investment in a growing community. Reach out today to schedule a tour or explore this opportunity!
Features
- Basement: Other Basement
- Cross Docks: N
- Fireplace Description: Electric
- For Auction: N
- Heating - Fuel Type: Oil
- Heating - Fuel Type: Other
- Heating Type: Steam Heat
- Lot Size In Text: 0.16 Acres
- MLSID: 5052675
- Price Upon Request: N
- Roof: Asphalt / Fiberglass
- Style: Other Style
- Sublease: N
- Tax Year: 2024
- Taxes: $6950.80
- Year Built: 1890
- Zoning: Form 3- Urban Multi-Use
