Regarding Real Estate LLC
Regarding Real Estate LLC
Tia Gilbert, Regarding Real Estate LLCPhone: (781) 475-6988
Email: tiaroserealestate@gmail.com

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listing
1 of 28
Listed by: Ryan Pronto from Jim Campbell Real Estate, 802-334-3400
CommercialFor Sale
$350,000
125 Main Street
Newport City, VT 05855
MLS: Prime MLS
Est. Mortgage
$1,907/mo

3-Unit investment property/commercial building on Main St. in beautiful downtown Newport, VT. With all the foot-traffic downtown, this building is ideal for most any type of retail store, restaurant, gift shop, clothing boutique, office, bakery, cafe, etc. All units are currently vacant and offers potential for a great income producing property to lease all three units. The street level features Unit #1 that had a long-term & successful breakfast/lunch restaurant with 1500+ sq.ft. & a hood system and Unit #2 is a 1600 sq.ft. retail store. Unit #3 offers 3500 sq.ft. that used to be a fully equipped restaurant/bar space with a professional kitchen and is currently finished with 13 storage rooms/office (hood system is still installed). Unit #3 is located on the walkout lower level with access from the parking lot in the rear of the building. Seller is willing to sell a valuable amount of restaurant equipment; refrigerator, freezer, deli unit, booths, tables, walk-in refrigerator, many kitchen appliances, prep areas, and much more. This is a well maintained property with a new roof installed in July 2019. Downtown offers ample on street parking, several municipal parking lots and this property offers direct access to the city owned parking lot in the rear of this building. There are many opportunities with this building & location.

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Information courtesy of Jim Campbell Real Estate is subject to verification and is not guaranteed.
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