Properties Near 3319 US Route 5 Derby, VT

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5,613 SF Flex Commercial Building for sale on busy US-5/East Main St in Newport! Great opportunity for an investor or owner/user. Currently generating $918/mo from a small 216 SF long-term leased space w/separate entrance. Building features 5,613 SF of grade level space, featuring 3,071 SF of office/retail space and 2,542 SF of finished garage/shop space. The garage interior measures approximately 40' x 60' and has a 10' x 10' dock door and a 9'4" x 10' drive-in door. Garage has generous 12' ceilings, a bathroom, is insulated/finished and heated by 2 Modine oil/hot water heating units. Office/Retail space has seen many different prior uses and various multi-tenancy partitions, currently with 2 bathrooms and a sink/kitchenette area, 8'6" ceilings, multiple exterior access doors, and below grade access. Below grade is an additional 1,110 SF of functional storage space featuring good ceiling height and easily accessible mechanicals (275gal oil tank, multi-zone hot water boiler, sump pump). Property is on public water/sewer and features heavy power with 3-Phase 208V 400AMP service (5 electric meters for optional multi-tenancy) and fiber optic availability. Overhead doors have been recently upgraded. Sale is priced to reflect AS-IS condition and these are the known deferred maintenance items: portion of roof has rusting metal panels (okay shape, no leaks), some slope/drainage issues on east/NE side of building, and interior lighting. Buyer will want to revamp the interior depending on use. Great Flex Property with many different possibilities and Primely Located with Great Visibility and high traffic counts on East Main Street/US-5, capturing Derby Rd traffic as they come into Newport City. Available now. Showings by appointment only. The in-place lease is a very small portion of the building (less than 4%), includes annual rent increases, current term goes through 5/31/29 and Landlord/Tenant has optional renewal terms for up to 10 more years.
Unique opportunity– 4,000+ sq.ft. building on a highly visible corner lot in a prime location. The main level offers 2,046 sq.ft., featuring a spacious open area with 8’–14’ ceilings, two private offices, a front entrance, and additional storage. The mostly finished lower level includes a large open area, small kitchenette, two offices, two bathrooms, and a utility room—providing flexibility for a variety of uses. Zoning allows for a wide range of conditional uses, including a clinic, function hall, church, residential care facility, private school, recreational use, public facility, restaurant, senior housing, and more! Set on a generous 0.75-acre lot, the property offers ample parking, open lawn space, and excellent visibility for signage. The property is serviced by a private well and septic system—making it an ideal opportunity for owner-occupants or investors. Also available for lease (MLS# 5046264).
Exceptional commercial opportunity in downtown Newport with owner financing available. The existing configuration offers 24,000+/- sq. ft. of retail space and income-generating potential with several leasable business spaces. Features include a high-traffic location, three renovation-ready apartment units, dedicated office space, and a three-bay oversized garage. Formerly home to a prominent furniture business, this property is currently utilized for self-storage/liquidation, with potential for warehouse conversion, or operation as an automotive repair shop. Additional highlights include multiple loading docks, and 4000+ sq. ft. of paved onsite parking adjacent rail access. With unbeatable visibility and accessibility to Newport’s downtown, this is truly all about location.
Prime 1.99-acre commercial development opportunity located on highly visible and heavily traveled US Route 5 (Derby Road) in Derby, Vermont. Situated at 3319 US Route 5, this property offers outstanding exposure in one of the area's most desirable commercial corridors, making it an ideal location for retail, office, service, mixed-use, or residential development. Property is served by public water and public sewer and benefits from existing utility and infrastructure improvements remaining from its previous use as a bowling alley, potentially reducing future development costs. The existing building is in poor condition but the 3,630 +/- SF structure on 110' x 33' concrete slab may present a redevelopment or salvage opportunity, or remove the structure and start fresh. Portion of the building is located within the ROW. Approx. 0.51+/- acres are encumbered by a power company easement; however, a substantial portion of the parcel remains available for development, including the majority of the valuable road frontage. Preliminary site planning has demonstrated the property's development potential, with recent conceptual plans accommodating a retail building of approximately 9,100 square feet along with on-site parking. Located within the Village Commercial Derby Center (VC/DC) Zoning District, the property allows for a broad range of permitted commercial and residential uses, providing flexibility for investors, developers, or owner-users. Whether you're planning retail, professional offices, hospitality, multi-family housing, or another permitted use, this property offers the location, visibility, municipal services, and development potential to bring your vision to life. Take advantage of this exceptional opportunity to secure a highly visible commercial parcel in one of Derby's busiest traffic corridors with an Annual Average Daily Traffic (AADT) count of approximately 8,335 vehicles (2025 data, Location ID P140, VT Agency of Transportation)
Here is your chance to get the cornerstone lot on main St, Newport Vt. Once a thriving store from JJ Newberry's to The Landing Clothing Co. With some imagination and entrepreneur spirt, this could be a golden opportunity for the start of something great. This property features a main floor with over 10,400 SF with large windows. The basement is 10,518 sf and provides lots of storage. This property is a project and not for the faint of hearts, but with some imagination and elbow grease and a plan, you may have a winner!

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