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Wonderful Investment Property in Newport! Approximately 125 acres in Newport bordering the Newport Country Club. Fabulous views overlooking the city and Lake Memphremagog as well as Jay Peak to the west & Owl's Head to this north in Canada. There is a huge quantity of high-grade gravel and it's permitted for 150K yards per year. Great access with the potential for over 100 residential units. This property is located in an IRS designated Opportunity Zone which could provide an investor with preferential tax treatment as part of the Tax Cuts and Jobs Act of December 2017. Finally a project could qualify for New Market Tax Credits. A must see development opportunity in the Northeast Kingdom! Brokers are Shareholders.
Listed by Daniel Maclure and Nicholas Maclure of Century 21 Farm & Forest
Here is your opportunity to invest in Newport's Renaissance! Approximately 125 acres bordering Newport Country Club! This property features outstanding views of the city and Lake Memphremagog plus Jay Peak to the west and Owl's Head to the north in Canada. There is a huge quantity of high-grade gravel and is permitted for 150K yards/year. Great access from Pine Hill, Glen Road & Mt Vernon. Close to city and just off I-91 access road. Potential for over 100 residential units. A must see development opportunity in the Northeast Kingdom! Brokers are shareholders.
Listed by Daniel Maclure of Century 21 Farm & Forest
Sprawling contiguous acreage with both open and wooded acreage. Majority currently being used as agricultural fields. Conveniently located and easy access. Great development opportunity.34.85 acres commercial and balance residential with breath taking lake & mountain views.
Listed by Stephen Poulin of RE/MAX All Seasons Realty
This 46,000 sq foot building sits on 25 acres in Newport Vermont. This property has lots of potential for warehousing and / or manufacturing. The main level offers over 35,000 sq feet and the walkout lower level offers another 11,000 +/- sq feet. The building sits proudly on a hillside over Lake Memphremagog yet is not visible from Lake Road. The site received substantial permitting and infrastructure for over a 100,000 sq foot expansion which did not occur. Site work that was completed in preparation for this addition included enhanced fire protection, upgraded power, as well as increased storm water retention capacity. This is a great opportunity to start or grow a company. This building has great potential for processing & warehousing for the emerging Hemp Market. Furthermore the site is within a designated Foreign Trade Zone, as well as the Opportunity Zone (part of the Jobs Acts & Tax Cuts) and it could also qualify for New Market Tax Credits. The building is in need of an updated HVAC system and has been priced accordingly. The parcel is on the outskirts of Newport City and has good access to Interstate 91, only a few minutes from the Newport Airport and only 15 miles to the Canadian Border. Newport Welcomes you!
Listed by Nicholas Maclure of Century 21 Farm & Forest
HUGE PRICE DROP!!! Ahhmazing opportunity to own 1,000 of water frontage on the international waters of Lake Memphremagog. Completely State approved 7 lot subdivision on 10.58 acres. There's a mixture of open lawns, with sprawling views, and mature woods with room to roam as well as a beach area. Listen to the loons and enjoy the sunsets with complete privacy. This is the last place on a town maintained road. There's electricity at the roadside as well as city water. Super soils for conventional systems. You can build your dream place here, or keep your favorite lot and sell the others for investment opportunities. You won't believe the space and potential here. It's only a couple minutes to downtown with all the summer/winter festivities. Close to the bike path and recreational trails too. Possible owner financing to qualified parties. Well worth a look.
Want to own a rental business in Newport City? Now is your chance! Six buildings with 8 garages available over looking the waterfront. There is always a demand for housing in the Northeast Kingdom, therefore owning your own rental business means always having income, these buildings have a 95% rental rate with a waiting list, meticulously maintained with the highest efficiency in mind. Come take a look at this opportunity. Data sheet was filled in using combined taxes and square footage. One unit is currently being used as office space. #'s 35, 40, 50, 55, and 74 Bayview Street.
Listed by Russell Ingalls of RE/MAX All Seasons Realty - Lyndonville
Price Reduced! Former Sacred Heart School and Convent is rich in history and a landmark in the City of Newport. The property overlooks Lake Memphremagog and offers a large open athletic field, 35,322 sq ft school building, 12,708 sq ft convent, commercial grade kitchens, a chapel, large common areas and 35 bedrooms. Both buildings also have partial finished basements. A third building holds a garage and additional dormitory space. This prime historic site of 8.51 acres is in close proximity to downtown Newport. The large open acreage and its existing buildings hold much potential for development of senior housing, scholastic or retreat center, and other similar uses. Opportunity to become a state of the art facility within the region!
Listed by Constance Isabelle of Century 21 Farm & Forest
A magnificent lakefront home is available now on Lake Memphremagog. Beautifully finished 4+ bedroom , 5 bath home with over 6000 sq. ft. of finished living space. This property with 1.03 acres of land has its own great sandy beach with 360 ft. of lake frontage. Superb open floor plan with vaulted ceilings and a cat-walk to the covered porch overlooking the water. Fireplaced living room with gorgeous westerly views, huge kitchen/living area with granite countertops ideal for entertaining, grand master suite with large walk-in tiled shower. Hardwood and tiled floors throughout. A great deal of thought went into the tastefully finished and spacious living area of this home. Heated 31 x 24 attached garage. End of the road privacy and so much more. Very unique home on the Lake and ready for your family.
Listed by James Campbell of Jim Campbell Real Estate
This full service florist and landscaping business in Vermont's Northeast Kingdom for over 50 years is now for sale. Run by just 2 families over the years with high ratings of customer service and product selection. The business includes a spacious home, shop, indoor and outdoor greenhouses, equipment, lands and customer lists with software ready for you to start operating the business. Located in Newport, Vermont home of Lake Memphremagog on 1.3 acres with an additional 6.45 acre lot close by. The 4 bedroom, 2.5 bath Victorian style home has shop areas and workshops attached. The business and buildings have had many recent upgrades and expansions. The wreath and mail order business, plant care service, and supplying other landscapers throughout the state has added to the bottom line. Showcase your entrepreneurial and artistic skills offering fresh floral arrangements and beauty to the wedding and event business already established. It's time to get the seedlings in the pots...let us show you the steady income this florist shop has.
Listed by Rosemary Lalime of RE/MAX All Seasons Realty
"A Neighborhood is Born" this is a city of Newport zoned GR/light industrial plot of land overlooking Lake Memphremagog and into Canada. There is the old European influenced Bogner house on the property. This also was the old girl scout camp or years ago. It goes down to the railroad tracks along the lake with two other access points onto Farrant Point with the main entrance off of Lake Road by the entrance to what was going to be the Biotech building/old Bogner clothing plant. This has been mapped and permitted for 61 building lots with access to City Water and Sewer. All set to develop for the right person. Owner had planned to do an over 55 community on property and use the Bogner house as a community center. Great idea for the right developer. ****MOTIVATED SELLER WHO WILL CONSIDER OWNER FINANCING, terms to be negotiated. (lake front views and access)
Listed by Dianne Laplante of RE/MAX All Seasons Realty
A Neighborhood is Born" this is a city of Newport zoned GR/light industrial plot of land overlooking Lake Memphremagog and into Canada. There is the old European influenced Bogner house on the property. This also was the old girl scout camp or years ago. It goes down to the railroad tracks along the lake with two other access points onto Farrant Point with the main entrance off of Lake Road by the entrance to what was going to be the Biotech building/old Bogner clothing plant. This has been mapped and permitted for 61 building lots with access to City Water and Sewer. All set to develop for the right person. Owner had planned to do an over 55 community on property and use the Bogner house as a community center. Great idea for the right developer. ****MOTIVATED SELLER WHO WILL CONSIDER OWNER FINANCING, terms to be negotiated. (lake front views and access)
Listed by Dianne Laplante of RE/MAX All Seasons Realty
Commercial building in an exceptional corner lot location on Main Street in downtown Newport, VT. Great investment property that is currently fully leased to 6 long term tenants and decent rental history on file. Sellers also own the restaurant & candy store and are willing to secure a multi-year lease for each. Nice large rental units on the second floor, fully leased with 4 long term tenants at the moment (9 rooms total that have potential to be leased individually or combined for larger adjoining lease spaces). This Historic property is in good overall condition from the brick exterior to the updated heating & electrical systems and restoration of the original hardwood floors throughout. This property is ideal for numerous types of businesses with its high traffic count & foot traffic and great signage exposure. Great opportunity for investors & entrepreneurs alike. Shown by appointment.
Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 25, 2019.