11 Industrial DrNewport, VT 05855

Property Details for 11 Industrial Dr

Lot size

0.20 AC

Zone code

I

Property type

Industrial land

APN

(136) 117022-001

APU

136117022001

Description

This exceptional 0.2-acre commercial lot, situated at 11 Industrial Drive in Newport City, Vermont, presents a unique investment opportunity. Located right at the entrance to Industrial Drive, this property boasts a high-traffic location ideal for a variety of businesses. The city of Newport has confirmed the potential for constructing a building up to 1,500 square feet, with ample parking for eight vehicles. The lot offers convenient access via dual roadways and benefits from readily available city utilities. This makes it an attractive option for entrepreneurs seeking a visible and accessible location. The property's strategic placement ensures high visibility and easy access for customers. The asking price is $99,000, and seller financing is available, making this an even more compelling proposition. This is a rare chance to acquire a well-positioned commercial lot in a thriving Vermont community. The versatility of the property makes it suitable for a range of commercial uses, from food trucks to retail establishments. Don't miss this opportunity to establish your business in a high-demand area with excellent potential for growth and profitability. The zip code is 05855.

• Alternative Use

  Use

  Valuation

  Residential

  $2,477,172

  Hospitality

  $2,269,076

  Educational

  $1,887,845

  Medical

  $1,952,770

  Retail

  $2,936,647

Location Insight

City

Newport

County

Orleans

State

Vermont

Latitude

44.9456

Longitude

-72.1815

Property Tax & Assessments

FAQs

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