40 Lakemont RoadNewport City, VT 05855MLS Number 4687244

  • Price: $399,000
  • 37 Days on Market
$/month over payments
Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1Acreage
  • 1991Year Built
  • 5857Square Feet

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Nicely maintained 5857 sq.ft building (approx. 55'x107') on a 1.0 acre lot in a desirable Newport City location, adjacent to the North Country Hospital, schools, bike path and much more. The majority of the building is an open floor plan (ideal for partitioned workspace with floor outlets) and also includes 4 executive offices, 1 large conference room, 3 baths, storage rooms and covered entries. Wood frame construction, concrete slab foundation, vinyl siding, shingled roof, paved yard with ample parking for 35+ vehicles, City water & sewer, 3 Phase power, 400 Amp electrical, T1 run on-site and AC throughout. The current tenants have occupied the entire property for a number of years and are moving on at the end of May, leaving the possibilities open for your own use. Potential to divide the space to offer individual units within one building. Priced at a fraction of the cost to build new and the zoning offers multiple uses; offices, public health care or educational facility, religious institutions, licensed day care & more. Owner will also consider a long term lease at $6/SF NNN.

Listed by Ryan Pronto of Jim Campbell Real Estate

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Basic Information

  • Modification Date04/19/2018
  • List Price$399,000
  • Date Listed2018-04-19T00:00:00
  • StatusACT
  • MLS Number4687244


  • Property TypeCommercial Sale
  • Road Frontage196
  • ZoningPHO
  • Lot Sqft43560
  • TypeOffice
  • SignageAdequate
  • Acreage1


  • Zip05855
  • StateVT
  • Building Number40
  • TownNewport City
  • CountyOrleans
  • AreaNear Golf Course, Near Paths, Office Park
  • StreetLakemont


  • BasementConcrete Floor, Slab


  • FuelGas - LP/Bottle
  • Heating CoolingForced Air, In Ceiling
  • Phone CompanyFairpoint


  • Broker NameJim Campbell Real Estate
  • Agent NamePronto
  • bloggingYes
  • AC percent100
  • Book197
  • Transport AccessPaved
  • Page124-125
  • Delayed ShowingsNo
  • Number of Photos12
  • View Count133


  • Square Feet5857
  • Year Built1991
  • Rail Available Y/NNo
  • FoundationPoured Concrete
  • Units1
  • ConstructionWood Frame
  • Available Sqft5857


  • Parking Spaces
  • RoofShingle - Asphalt
  • ExteriorVinyl Siding


  • Accessibility AmenitiesAccess Parking, Access Restrooms, Accessibility Features, No Stairs from Parking, One-Level Business, Paved Parking, Zero-Step Entry Ramp

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