$389,000

Standalone commercial building for sale or lease in Newport, VT. Featuring a total of 5556 sq.ft. with 4406sq.ft on the first floor and 1150sq.ft office space or apartment on the second level. Recent updates include all new siding, many new windows, new shingled roof, freshly painted interior walls & doors, etc. Some of the carpeting has been removed and will need new flooring installed in approx. 50% of the ground level space. This property has been utilized as a school for the past several years and also was a grocery store at one time. Would also be ideal for offices, elderly housing, light manufacturing, religious institution, a day care, recreation facility, etc. (situated in Newport City "UR" /Urban residential zoning district). The main level is currently set-up with 4 large classrooms, 8 offices, kitchen area and 4 handicap accessible bathrooms. The second floor was originally an apartment and has recently been occupied as office space. Great location within walking distance to downtown, 1.27 acres of land, plenty of parking, public water & sewer, fire & security alarms, etc. Available for lease at $3800 per month, see MLS#4961970. This is a great property and offers so much potential.