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General Property Information
- Price:
- $699,000
- Property Status:
- Active
- County:
- VT-Orleans
- Agency/Brokerage:
- Nicholas Maclure
Century 21 Farm & Forest
This 41-acre parcel, located in both Derby (13.2A) & Newport (27.6A), borders I-91 access road, Newport Country Club, Pine Hill Road& Mt Vernon St. It is zoned for Commercial Use but is also well-suited for residential development, which would require rezoning. As raw land it holds great potential for a large luxury home with its fantastic views of Lake Memphremagog, Jay Peak & Willoughby Gap as well as overlooking downtown Newport. Conceptual drawing are available for a 7-lot commercial subdivision or a 13 lot residential subdivision with onsite water & sewer. Being located within the Foreign Trade Zone could reduce the costs of imports for your business. The Newport portion of this property is also in an Opportunity Zone. Finally, a project could qualify for New Market Tax Credits. Certainly a Must See property. ** Two (2) shareholders are Vermont Real Estate Brokers.
Property Features
- Year Built:
- # of Stories:
- Road Frontage:
- 2300
- Zoning:
- commercial
- Acres:
- 41.00
- Total Sq ft:
- 0
- # of units:
- 0
- Parking:
- Basement:
- Location:
- Commercial Zoning,Near Golf Course,Near Shopping,Near Snowmobile Trails
- Exterior Features:
- Sales Includes:
- Land Only
- Roof Style:
- Type:
- Lodging,Other
- Misc:
- Foundation:
- Fuel:
- Heating & Cooling:
- Floors:
- Financing:
Other Information
- List Date:
- 2023-06-23
- Last Updated:
- 2023-06-23 16:04:24