MLS Number 4782453

• Commercial
• Village Newport
• Acreage 125
• Area Abuts Golf Course

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 an estimated 6 Million Yards of high-grade gravel. The pit is operational 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. 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 with substantial natural resources in the Northeast Kingdom! Brokers are shareholders. Terms considered to qualified buyers.

Listed by Nicholas Maclure and Daniel Maclure of Century 21 Farm & Forest

4403 Main Street PO Box 703
Waitsfield VT, 05673
Office: 1.802.496.9800

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MLS Number 4782451

• Land
• Village Newport
• Acreage 125
• Zoning Res

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 Nicholas Maclure and Daniel Maclure of Century 21 Farm & Forest

4403 Main Street PO Box 703
Waitsfield VT, 05673
Office: 1.802.496.9800

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MLS Number 4736327

• Commercial
• Year Built 1971
• Acreage 25.1

This 46,000 sq ft building sits on 25 acres in Newport, Vermont. The property has lots of potential for warehousing and/or manufacturing. The main level offers over 35,000 sq feet while the walkout lower level offers another 11,000± sq feet. The building sits proudly on a hillside overlooking Lake Memphremagog yet is not visible from Lake Road. The site received substantial permitting and infrastructure for 100,000+ sq ft 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 stormwater retention capacity. This is a great opportunity to start or grow a company. There is 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 with 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

4403 Main Street PO Box 703
Waitsfield VT, 05673
Office: 1.802.496.9800

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Your Questions & Comments I have a question about the property at 172 Bogner Drive Newport City VT 05855 (#4736327).

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MLS Number 4758467

• Land
• Acreage 10.58
• Waterfront 1000
• Water View
• Zoning R

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.

Listed by Tina Leblond of Big Bear Real Estate

4403 Main Street PO Box 703
Waitsfield VT, 05673
Office: 1.802.496.9800

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Your Questions & Comments I have a question about the property at Bigelow Bluff Road Newport City VT 05855 (#4758467).

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MLS Number 4477989

• Commercial
• Village Newport
• Year Built 1952
• Acreage 8.51

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

4403 Main Street PO Box 703
Waitsfield VT, 05673
Office: 1.802.496.9800

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Your Questions & Comments I have a question about the property at 119 Clermont Terrace Newport City VT 05855 (#4477989).

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MLS Number 4798359

• Residential Single Family
• Construction Existing
• Bedrooms 5
• Bathroom 5
• Square Feet 4,800

A city of Newport zoned GR/light industrial plot of land overlooking Lake Memphremagog and into Canada. With the European influenced Bogner house on the 70.3 acres. This was the old girl scout camp years ago. It goes down to the railroad tracks along the lake with two other access points. One goes down to 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. the 3rd access point also goes farther down Lake Road. 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) House cannot be seen from main road. Do not go down the driveway. Please make and appointment.

Listed by Dianne Laplante of KW Vermont-Stowe

4403 Main Street PO Box 703
Waitsfield VT, 05673
Office: 1.802.496.9800

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Your Questions & Comments I have a question about the property at 5 Bogner Drive Newport City VT 05855 (#4798359).

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MLS Number 4833130

• Residential Single Family
• Construction Existing
• Bedrooms 3
• Bathroom 2
• Square Feet 2,500

Superb setting in Newport, VT just 2 minutes from the Newport Country Club. You would never know this home is exists as it sits back from the road with total privacy. Gorgeous spot with long range views and a large 2.5 acre manicured lot. This home was built with the utmost attention to detail. Many extra features come with this home to include; beautiful spacious kitchen, hardwood and tile floors, over sized insulated garage with storage above, custom moldings, mahogany wood siding, additional insulation, detailed trim inside and out, end of the road location, less than 10 minutes to the hospital, schools, shopping and more. An absolute must see!!

Listed by James Campbell of Jim Campbell Real Estate

4403 Main Street PO Box 703
Waitsfield VT, 05673
Office: 1.802.496.9800

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Your Questions & Comments I have a question about the property at 305 Mount Vernon Street Newport City VT 05855 (#4833130).

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MLS Number 4785488

• Commercial
• Year Built 1960
• Acreage 1.66

Prime Real Estate with this level 1.66 Acre parcel located in the Newport City limits, yet very close to Walmart on Route 5 which is the busiest route in the area. The site includes a front building which is currently used as a multi-unit rental. There are currently 3 dance studios, a vacant retail space, additional space upstairs, 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 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 $2,700/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. 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 redevelopment project might qualify for New Market Tax Credits.

Listed by Nicholas Maclure of Century 21 Farm & Forest

4403 Main Street PO Box 703
Waitsfield VT, 05673
Office: 1.802.496.9800

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Your Questions & Comments I have a question about the property at 1257 East Main (Route 5) Street Newport City VT 05855 (#4785488).

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