Newport City, VT | 487 East Main Street

$1,200,000
MLS#: 5049279
2.12
Acres
544
Road Frontage
0
SQ. Feet
$14,776
Taxes
1 of 18

General Property Information

Price:
$1,200,000
Property Status:
Active
County:
VT-Orleans
Agency/Brokerage:
Ryan Pronto
Jim Campbell Real Estate

Location, Exposure, and Untapped Potential! This prime 2.04-acre commercial development site is located at one of the busiest 4-way intersections in Orleans County and offers exceptional visibility with dual frontage on both East Main St and Sias Ave. Zoned commercially and with city water and sewer available, the property provides easy access and is perfect for a wide range of commercial development uses. The site currently features two fully leased buildings totaling over 4,600 sq ft, with 487 East Main St offering 2,400+ sq ft of ground-floor office space (formerly a general store) and an upstairs apartment, while 27 Sias Ave has a 2,200+ sq ft duplex with two residential apartments. The lot also provides open, level acreage with plenty of room to expand, develop, or reconfigure for new uses. This location offers endless possibilities, from retail plazas and medical offices to restaurants, mixed-use developments, or national chains. The existing income stream allows for cash flow while you plan your project. Note: An adjacent single-family home on .24 acres is not included in the sale but may be negotiable at an additional price. Don’t miss this rare opportunity in a high-visibility corridor—bring your vision and capitalize on this development potential!

Property Features

Year Built:
1885
# of Stories:
Road Frontage:
544
Zoning:
Commercial
Acres:
2.12
Total Sq ft:
0
# of units:
4
Parking:
Driveway,On-Site,Paved
Basement:
Full,Unfinished
Location:
Exterior Features:
Sales Includes:
Land/Building
Roof Style:
Type:
Misc:
Additional Outbuildings
Foundation:
Fuel:
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Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-06-30
Last Updated:

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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