REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Ryan Pronto • Jim Campbell Real Estate
$ 1,200,000
Est. payment /mo
New
487 East Main ST Newport City, VT 05855
2.12 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business,Investment,Opportunity,Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5049279
Year Built 1885
Annual Tax Amount $14,776
Tax Year 2024
Lot Size 2.120 Acres
Acres 2.12
Property Sub-Type Business,Investment,Opportunity,Other
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!
Location
State VT
County Vt-orleans
Area Vt-Orleans
Zoning Commercial
Rooms
Basement Entrance Interior
Basement Full, Unfinished
Interior
Inclusions Land/Building
Exterior
Parking Features Driveway, On-Site, Paved
Garage Description Driveway, On-Site, Paved
Utilities Available Cable - Available, Telephone At Site
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Building
Sewer Public
