Derby, VT | 0 Route 5

Prime commercial development opportunity along the heavily traveled US Route 5 corridor between Newport and Derby. This 3.21-acre parcel offers approximately 459' of road frontage and an outstanding location in the heart of one of the Northeast Kingdom's primary retail and commercial districts. The property directly backs up to Walmart Supercenter and is just a few hundred yards from its main entrance, with North Country Federal Credit Union across Route 5, the Law Office of Gregory Howe to the east, and Green Mountain Electric to the west. The gently sloping, primarily open site offers excellent visibility and access to the Newport-Derby market, with convenient proximity to Interstate 91 Exit 28. The seller previously completed conceptual planning showing the potential for a 10,000-square-foot retail building along with a detached 5,000-square-foot warehouse, providing a useful starting point for evaluating future development. The Newport-Derby corridor is specifically identified by the Town of Derby for regional retail and commercial development and has become the area's primary concentration of national retailers, restaurants, financial services, professional offices, and other commercial uses. The property is also located within the service area of Foreign Trade Zone 286, which may provide potential benefits to qualifying businesses involved in importing or manufacturing. With 3.21 acres, substantial Route 5 frontage, strong traffic exposure, neighboring commercial development, and a location immediately adjacent to Walmart, this is a compelling site for retail, restaurant, office, service, warehouse, or other commercial development. Buyers should confirm proposed uses, permitting, utilities, access, and Foreign Trade Zone eligibility.

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 and 100' x 33' concrete slab may present a redevelopment or salvage opportunity, or remove the structure and start fresh. 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)