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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
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
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 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.
AMAZING WATER AND MOUNTAIN VIEWS from this beautiful lakefront home. Open concept kitchen, living, and bar area take full advantage of the stunning views. Move in ready, top quality custom built home designed for entertaining and enjoying all that International Lake Memphremagog has to offer. Current owner is a professional decorator and has brought this home up to the minute in style. A blend of contemporary Craftsman and modern Farmhouse provide warmth and sophistication. High end stainless appliances, breakfast nook seats 8 comfortably and there is seating around the granite counters for 6. Radiant tile floors are efficient, beautiful and easy to keep clean. The gas fireplace adds ambiance and warmth on those chilly VT evenings. The wall of windows facing the lake include a sliding glass door to the covered stamped concrete patio for lounging and dining outside. Huge master suite featuring a walk in shower and whirl pool tub, separate sinks in his & her vanities, covered private deck and tons of storage and closet space. Heated garage. Outbuildings. Just a few steps to the sandy beach, your boat mooring or launch your canoe or kayak! Adjacent to year round, bike-walking,skiing path.
Listed by Stephen Poulin of RE/MAX All Seasons Realty
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. Also has access to the VAST Snowmobile Trail, and 30 minutes to Jay Peak Ski Resort.
Listed by Stephen Peacock of Century 21 Farm & Forest
This building offers over 29,000 sq feet of space which includes numerous show rooms, office space, warehouse / garage space with large over head doors, as well as two residential apartments. The building offers good visibility on Coventry St (also route 5) and it is located across the street from the Pick n Shovel hardware store. A little under 24,000 sq feet is heated space. The lot offers 4300 sq feet of paved parking and it also abuts the railroad in the rear. This would make a great mixed use building with room for offices, showrooms, warehouse, and residential space. It would also lend itself well to an incubator style building. This property is located within the Foreign Trade Zone which could reduce the costs of imports for your business. Furthermore it 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.
Listed by Nicholas Maclure of Century 21 Farm & Forest
When you talk about lakefront year round cottages it just doesn't get much better than this. Gorgeous unobstructed views, lovely home/cottage with over 2200 sq. ft. of finished living space. 4 nice bedrooms, 2 baths, walk out lower level to the lake and just lots of great living space. This cottage is in beautiful condition with upgraded windows, freeze detector, new heat pump/ AC unit, newly insulated to save on energy costs and several other renovations over the past few years. Your family will enjoy the lake and it's only 25 minutes to Jay Peak Resort, 90 minutes to Montreal and 3.5 hours to Boston.
Listed by James Campbell of Jim Campbell Real Estate
Dream business opportunity for the Ultimate Outdoors-man! This is a well-established and profitable Sporting Goods Retail Business. The building is 3200 square feet and sits on 4.22 acres which includes ample parking and easy access on and off the highly trafficked Derby Road. Business sits directly on Route 5 in between other successful businesses and diagonally across the road form Wal-Mart meaning good traffic counts and a prime location for almost any business. Property comes with many glass display cases, stand up aisle displays and shelves, 2 propane furnaces and a pellet stove for heat. Sale does not include the inventory of an approx value of $75,000 but seller will consider offers.
Listed by David Kennison of Century 21 Farm & Forest
Copyright 2019 Northern 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 February 20, 2019.