Newport City Vermont Real Estate

3-Unit investment property/commercial building on Main St. in beautiful downtown Newport, VT. With all the foot-traffic downtown, this building is ideal for most any type of retail store, restaurant, gift shop, clothing boutique, office, bakery, cafe, etc. Offering great potential for as an income producing property when all three units are leased. The street level features Unit #1 that is leased long term to a restaurant with 1500+ sq.ft. & a hood system and Unit #2 is a 1600 sq.ft. retail store (vacant). Unit #3 offers 3500 sq.ft. that used to be a fully equipped restaurant/bar space with a professional kitchen and is currently finished with 13 individually leased storage rooms/office (hood system is still installed). Unit #3 is located on the walkout lower level with access from the parking lot in the rear of the building. This is a well maintained property with a new roof installed in July 2019. Downtown offers ample on street parking, several municipal parking lots and this property offers direct access to the city owned parking lot in the rear of this building. There are many opportunities with this building & location.

23,511 SF facility with public water/sewer available FOR SALE or FOR LEASE! Located directly across from North Country Hospital and set on a secluded 4.62 acre parcel with mature landscaping and a large paved parking lot. Full commercial kitchen, dining lounge/cafeteria, 32 bedrooms (4 single occupancy rooms w/private bath, 28 double occupancy rooms w/shared bath), hair salon, activity room, snack room, commercial laundry room, a PT room, large nursing station, med closet, staff lounge, multiple reception areas, admin offices, washrooms, maintenance crib, storage and supply rooms, and mechanical and electrical rooms. There is a 816 SF detached 2-car garage used for maintenance/storage and a 180 SF shed. Water and sewer through the City of Newport, 3-phase power providing 400amp, 600V. Backup propane generator on-site. Wet sprinkler system. Adjacent to North Country Hospital medical complex, and in close proximity to North Country High School, Columbia Forest Products, and Prouty Beach Campground. Rec trails nearby and minutes from downtown Newport City. Zoning is "PHO" and the large 4.62 Acre lot allows for many possible Uses include Adult Day Care, Clinics, Licensed Day Care, Religious Institutions, Schools, Dormitories, Assisted Living Facility, Condominiums, Hospitals, Offices, Nursing Homes, etc.. See Documents tab for additional zoning info.