119 Clermont Terrace Newport City, VT SOLD
$600,000
Acres 8.51
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Sold By
Nicholas Maclure, Century 21 Farm & ForestDescription
The former Sacred Heart School and Convent has rich history and is a landmark in the City of Newport. The property sits on over 8 acres that look over Lake Memphremagog and feature a large open athletic field, a 35,322 sq ft school building, a 12,708 sq ft convent, commercial grade kitchens, a chapel, large common areas and a total of 35 bedrooms. Both buildings also have partially finished basements. A third building holds a garage and additional dormitory space. This prime historic site is in close proximity to downtown Newport’s shopping and dining, the Gateway Center and Marina as well as the boardwalk along the lakeshore. The open acreage and its existing buildings hold much potential for development of senior housing, scholastic or retreat center, and other similar uses. Investors and Developers…this is great opportunity to create a state of the art facility within the region!
Listed by Century 21 Farm & Forest, Constance Isabelle
Sold by Century 21 Farm & Forest, Nicholas Maclure
Details
MLS 4477989
Price $600,000
Status Closed
DOM 3163 days
Type Commercial
Lot Size 8.51 acres
Year Built 1952
Lot & Building Features
Utilities Cable - Available, Other
Construction Brick Exterior, Vinyl Siding, Other
Cooling Multi Zone
Heating (6131, 6133, 6233, 6244), Other, Multi Zone
Parking Description Garage, Paved, Parking Spaces 21+
Sewer Public
Tax Year 2019
Water Private
Basement Description Climate Controlled, Storage Space, Partially Finished, Full, Concrete Floor
Foundation Other
Lot Description (1767)
Roof Other, Tar and Gravel, Shingle
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.