375 E Main St - Office FOR SALE


Newport, VT 05855
$219,900 USD
802-673-8876

NO PHOTO

$219,900 USD
Office - FOR SALE
null | Request Cap Rate

375 E Main St
Newport, VT 05855


HIGHLIGHTS

  • Lots of natural light

OVERVIEW

Check out this exceptional leased office space offering visibility, character, and versatility in a high-traffic location just minutes from Lake Memphremagog, downtown Newport, shopping, gas, groceries and so much more! This historic building sits proudly on a 0.16-acre lot and loaded with potential. The layout features a generous 1,478 sq ft on the main floor, a 986 sq ft second level, and ample attic, basement and garage storage. The building has solid mechanics &systems with many updates / upgrades in the last decade providing confidence to a future owner. This property also offers a corner lot providing great street presence with paved off-street parking and walkability to local amenities. This building is leased through May 2027 to a long term tenant. Tenant pays $1800/m and for electric, heat and trash removal. This is a great opportunity to purchase an investment with an existing tenant. The building offers flexibility and value. Don't miss out on this turn-key investment in a growing community. Reach out today to schedule a tour or explore this opportunity!

FOR SALE DETAILS

PRICE

$219,900 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

435-136-15121

ASK ABOUT THIS PROPERTY

Nicholas MaclureCentury 21 Farm & ForestMore Info
802-673-8876

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Nicholas MaclureCentury 21 Farm & ForestMore Info
802-673-8876

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.