119 Clermont TER Under Contract Save Request In-Person Tour Request Virtual Tour
Newport City,VT 05855
Key Details
Property Type Commercial
Sub Type Opportunity
Listing Status Under Contract
Purchase Type For Sale
Square Footage 35,244 sqft
Price per Sqft $18
MLS Listing ID 4477989
Construction Status Existing
Year Built 1952
Annual Tax Amount $11,997
Tax Year 2019
Lot Size 8.510 Acres
Acres 8.51
Property Description
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!
Location
State VT
County Vt-orleans
Area Vt-Orleans
Zoning U Residential
Body of Water Lake
Rooms
Basement Entrance Interior
Basement Climate Controlled,Concrete Floor,Full,Partially Finished,Storage Space
Interior
Heating Coal,Oil,Other
Cooling Multi Zone
Inclusions Additional Buildings,Land/Building
Exterior
Garage Garage,Parking Spaces 21+,Paved
Garage Description Garage,Parking Spaces 21+,Paved
Utilities Available Cable - Available,Other
Waterfront Description Yes
View Y/N Yes
Water Access Desc No
View Yes
Roof Type Other,Shingle,Tar and Gravel
Building
Foundation Other
Sewer Public
Construction Status Existing