172 Bogner DriveNewport City, VT 05855MLS Number 4736327

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Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* 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.
  • 25.1Acreage
  • 1971Year Built
  • 35,000Square Feet

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Listed by Nicholas Maclure of Century 21 Farm & Forest

This 46,000 sq foot building sits on 25 acres in Newport Vermont. This property has lots of potential for warehousing and / or manufacturing. The main level offers over 35,000 sq feet and the walkout lower level offers another 11,000 +/- sq feet. The building sits proudly on a hillside over Lake Memphremagog yet is not visible from Lake Road. The site received substantial permitting and infrastructure for over a 100,000 sq foot expansion which did not occur. Site work that was completed in preparation for this addition included enhanced fire protection, upgraded power, as well as increased storm water retention capacity. This is a great opportunity to start or grow a company. This building has great potential for processing & warehousing for the emerging Hemp Market. Furthermore the site is within a designated Foreign Trade Zone, as well as the Opportunity Zone (part of the Jobs Acts & Tax Cuts) and it could also qualify for New Market Tax Credits. The building is in need of an updated HVAC system and has been priced accordingly. The parcel is on the outskirts of Newport City and has good access to Interstate 91, only a few minutes from the Newport Airport and only 15 miles to the Canadian Border. Newport Welcomes you!

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More Info

Basic Information

  • Virtual TourClick Here
  • StatusACT
  • Modification Date02/18/2019
  • TypeBusiness, Industrial, Office, Opportunity, Other
  • List Price$1,995,000
  • Broker NameCentury 21 Farm & Forest
  • Listing Agent NameNicholas Maclure
  • Lister Office NameCentury 21 Farm & Forest
  • MLS Number4736327

Utilities

  • Heating CoolingOther

Other

  • View Count51

Location

  • Building Number172
  • StreetBogner
  • TownNewport City
  • StateVT
  • Zip05855
  • CountyOrleans

Property

  • Acreage25.1
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaCommercial Zoning, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails
  • Lot Sqft1,093,356
  • Road Frontage836

Building

  • Year Built1971
  • ConstructionSteel Frame
  • Drive/Doors1
  • FoundationConcrete
  • Square Feet35,000
  • Available Sqft46,000
  • BasementConcrete Floor, Daylight, Finished, Partially Finished, Stairs - Interior, Storage Space, Walkout

Interior

  • Ceiling Height8-18'

Exterior

  • ExteriorMetal
  • RoofFlat, Tar and Gravel

Water Body

  • Docks1
Jim Campbell Real Estate
Jim Campbell Real Estate
601 East Main Street
Newport, VT 05855

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