MLS#5049279
STATUSActive
PROPERTY TYPECommercial - Investment
Listing Courtesy of:
Jim Campbell Real Estate
Agency Phone: 802-334-3400
Associate Name: Ryan Pronto
Property Description
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
Property Type: Commercial - Investment
Basement: Full, Unfinished
Basement: Yes
Lot Size: 2.12 Acres
Taxes: $15,530
Year Built: 1885
Feature Descriptions
Accessibility: Paved Parking
Basement Access: Interior
Commercial Features: Additional Outbuildings
Days on Site: 298
Exterior: Wood Frame, Other Exterior, Vinyl Siding
Lot: In Town, Near Country Club, Near Golf Course, Near Shopping, Alternative Lots Avail, City Lot, Corner, Curbing, Major Road Frontage, Neighbor Business, Sidewalks, Street Lights, Near Hospital
Parking: Driveway, On-Site, Paved
Road Frontage: 544
Sale Inclusions: Land/Building
Sewer: Public
Transport/Access: City Street, Major Road Access, Paved
Units: 4
Water: Public
Water Access: No
Water View: No
Zoning: Commercial
Listed By / Shown By
Listed By
Agency Name: Jim Campbell Real Estate
Agency Phone: 802-334-3400
Agent Name: Ryan Pronto
Shown By
Agent Name: Lynne McGrath
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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487 East Main Street | MLS# 5049279
This commercial property located at 487 East Main Street, Newport City, VT 05855 is currently listed for sale with an asking price of $1,200,000. Search Newport City real estate on lynnemcgrath.masiellogrouprealestate.com today.