487 East Main Street Newport City, VT
$1,200,000
Acres 2.12
Description
Location, Location, Location! Offering 2+ acres of prime commercial acreage with 2 commercial buildings and situated on one of the most heavily traveled intersections in all of Orleans County. This property is zoned commercially and offers plenty of potential for numerous commercial business uses or as a development building site. Situated on a corner lot at a 4-way intersection with city water & sewer and access from both East Main St and Sias Ave. The 2-unit building at 487 East Main offers 2400+sq.ft and is currently leased as office space (formerly a general store on the main level) and a second floor apartment & 27 Sias Ave is a 2-unit building with 2200+sq.ft and is currently leased as two residential apartments. Adjoining single family home on .24 acres is negotiable. The entire lot is mostly open acreage with plenty of parking and a large open lawn area off from Sias Ave. This is a highly desirable location for many uses and is well worth a look today.
Listed by Jim Campbell Real Estate, Ryan Pronto
Details
MLS 4908592
Price $1,200,000
Status Active
DOM 954 days
Type Commercial
Lot Size 2.12 acres
Year Built 1885
Taxes Paid $14,776
Lot & Building Features
Utilities Cable - Available, Telephone At Site
Construction Other Exterior, Wood Frame, Vinyl Siding
Parking Description Driveway, Paved, On-Site
Sewer Public
Tax Year 2025
Taxes Paid $14,776
Water Public
Basement Description Full, Unfinished
Lot Description Alternative Lots Avail, Street Lights, Sidewalks, Neighbor Business, Major Road Frontage, Curbing, Corner, City Lot
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.