$279,900

125 Main Street, Newport City, VT 05855, US

Summary

Style: Commercial Sale
Year Built: 1978

Moving Quotes

primary photo for 125 Main Street, Newport City, VT 05855, US

Remarks

3-Unit commercial building on Main St. in beautiful downtown Newport, VT. New roof installed in July 2019. Great income producing property, when fully leased the building averages 12.5% return on investment. Ideal opportunity for a restauranteur looking to open a new location, as Unit #3 offers a 3500sq.ft fully equipped restaurant/bar space, available for immediate occupancy. The street level features Unit #1 that is leased to a long term breakfast/lunch restaurant with 1500+ sq.ft and Unit #2 is a 1600sq.ft retail space currently vacant & available for lease. List price includes a valuable amount of restaurant equipment; refrigerators, ice machine, deli unit, pizza oven, griddle, 10 burner stove with ansul system, booths, tables, walk-in freezer, many kitchen appliances, prep areas, and much more (call for detailed inventory list). There are many opportunities with this building & location.

Details

MLS#: 4698947
Price: $279,900

Style: Commercial Sale
Year Built: 1978

County: Orleans
Lot Size: 3920
Tax Fee: 6758.1

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Broker Contact


Jim Campbell Real Estate
601 East Main Street PO Box 682
Newport, VT, 05855
US
Jim Campbell
! (802) 334-3400
! jimmyc@jimcampbellrealestate.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by New England Real Estate Network
Last updated: 2019-07-15T21:00:08.000-04:00.
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