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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.
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. A must see development opportunity in the Northeast Kingdom! Brokers are Shareholders.
Listed by Daniel Maclure and Nicholas Maclure of Derby Office
Awesome opportunity to own 1,000 of water frontage on the international waters of Lake Memphremagog. Completely 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. Possible owner financing to qualified parties. Well worth a look.
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 great opportunity for the right individual! The Newport Car Wash and Mini-Mart is now available. Includes store, car wash, 2-story commercial office complex, gas pumps ( 3 gas islands ), canopy and tanks. Two underground storage tanks totaling 21,000 gallon capacity and registered with the State of VT. 1st tank is 15,000 with 2 compartments holding 10,000 and 5,000 gallons and 2nd tank is 6,000 with 2 compartments holding 1,000 and 5,000 gallons. Also has a separate tank for off road, diesel and kerosene. Vendor roof TLS monitoring system. Ready to go and offering a super location right off I-91.
Listed by James Campbell of Jim Campbell Real Estate
"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
Get energized and enjoy the lazy days of summer and winter, too, at this lakefront estate. Whether you are a swimmer, biker, ice skater, fisherman, and more, you can do it all from here. This year round ranch style beach home has 2 bedrooms, 2 baths, open living area of kitchen, living and dining spaces which spills into a sun room where you can watch the beautiful sunsets and take in the spectacular mountain and lake views. You can enjoy the warm, cozy feelings as you sit by the gas fireplace during the winter months as the snow falls outdoors. There is a guest cottage with 2 bedrooms ready for friends and family. The home has an attached heated garage space and an additional detached 2 car garage building with walk up 2nd level for storage which could be used for additional living space or a game/exercise room. All sits on 2 acres of level plush lawns, nicely landscaped featuring 210 feet of sandy, level lake bottom with easy access. There is wonderful natural light in the home and shade trees outdoors for lounging under. An end of the road, private location.
Listed by Rosemary Lalime 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.
What an Investment!! Unparalleled for its solitude & beauty. This Hideaway rests on a stunning 68.27 acre parcel in Newport City, with a pond, rock walls, out building, apple trees, and many different types of flowers. A lovely road ends at this captivating property, a scenic & tranquil full time residence or a weekend departure from life's hectic pace. The home's interior is a soothing blend of wood floors, carpet & many sunlit open spaces. The well-appointed kitchen flows to a Family Room & screened-in patio w/breathtaking views of Lake Memphremagog. Also, one can never have too many bookshelves. A room without books is like a body without a soul. This homes offers an oversized elegant family room with wall to wall white bookshelves, and a charming dining room. On the second floor, this homes furnishes updated bedrooms and bathrooms and also you will find a Rec Room for those moments of play. Located minutes from Jay Peak, golf courses, restaurants, and all that Newport has to offer.
Listed by Michelle McManus of Big Bear Real Estate
$70,000 REDUCTION! Prime development opportunity with this level 1.66 Acre parcel located in the Newport City limits, yet very close to the new Walmart on Route 5 which is the busiest route in the area. The site includes a front building which could be razed & redeveloped or continue to be utilized as a multi-unit rental. There are currently 3 dance studios, a retail space and a large area with overhead doors which the owner currently uses for storage. The building has over 12,000 square feet and many of the spaces have been renovated. The exterior could use upgrades but the owner has opted not to invest too much in the event a purchaser opts to raze and redevelop. The rear building is a 50' x 80' metal building & is in great shape. It is used as an automotive garage but could make a great warehouse as well. Property currently generates about $2800/month in income which would allow an investor to hold the property until a development opportunity arises. City water & sewer. Phase III power, cable and DSL.
Listed by Nicholas Maclure of Century 21 Farm & Forest
This year-round three bedroom cottage sits on an absolutely gorgeous piece of property. There is 300+ feet of frontage on beautiful Lake Memphremagog, amazing landscaping and gardens on very level, slightly treed yard, panoramic views of the lake, mountains, and surrounding landscape. You can move right into this home as it is being offered completely furnished. Very quiet setting yet just minutes to city of Newport where you can enjoy fine dining and shopping.
Listed by Stephen Peacock of Century 21 Farm & Forest
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