235 Lakemont RoadNewport City, VT 05855MLS Number 4970197

  • Price: $1,350,000
  • 17 Days on Market
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* 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.
  • 2.1Acreage
  • 2009Year Built
  • 6,000Square Feet

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Listed by Nicholas Maclure of Century 21 Farm & Forest
Here's an exceptional commercial facility that offers a fantastic opportunity. Built in 2009, the modern building provides 6,000 square feet of space all on one level and can be customized to suit a variety of businesses, making it the perfect starting point for your vision. The current layout includes a reception area with an open office area behind, 2 gyms/workout rooms, 5 private offices/therapy rooms, a staff kitchen and storage area with a private office, and 2 locker rooms. One of the gym areas previously contained a pool that has since been covered over by flooring, but it could easily be converted back. Conveniently located near North Country Hospital and zoned Light Industrial, it is an ideal location for offices, licensed day care, adult day care, or clinics. The property is also adjacent to the Derby/Newport recreation path and a short distance to downtown Newport and the I-91 access. The sale includes a range of essential fitness equipment, such as ellipticals, treadmills, climbers, isolation machines, cable machines, and an array of free weights. This equipment provides a solid foundation for a fitness center and minimizes your initial set-up costs. The majority of the ADA-accessible building has radiant heat with multiple heat pumps for AC, high-speed internet & there is public water & sewer. Don't miss this incredible opportunity to build your business in a prime location. Seller would entertain a sale with a leaseback to continue to operate the PT Business.

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More Info

Tax Information

  • Tax Year2023


  • Year Built2009
  • ConstructionWood Frame
  • NumberOfUnitsInCommunity1
  • FoundationConcrete
  • Square Feet6,000
  • Available Sqft6,000
  • Garage Spaces


  • ExteriorVinyl Siding
  • RoofShingle


  • Accessibility Amenities1st Floor 3/4 Bathroom,1st Floor Hrd Surfce Flr,1st Floor Low-Pile Carpet, Access Parking, Access Restrooms, Accessibility Features, Hard Surface Flooring, No Stairs from Parking, One-Level Business, Paved Parking

Basic Information

  • StatusACT
  • Modification Date09/29/2023
  • TypeOther
  • List Price$1,350,000
  • Broker NameCentury 21 Farm & Forest
  • Listing Agent NameNicholas Maclure
  • Lister Office NameCentury 21 Farm & Forest
  • MLS Number4970197
  • MLS StatusActive


  • FuelGas - LP/Bottle
  • Heating CoolingRadiant


  • Building Number235
  • StreetLakemont Road
  • TownNewport City
  • StateVT
  • Zip05855
  • CountyOrleans


  • Acreage2.1
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaNear ATV Trails, Near Hospital, Near Paths, Near Skiing, Near Snowmobile Trails
  • Lot Sqft91,476
  • Road Frontage345


  • Transport AccessCity Street, Paved
  • Date Listed09/15/2023
  • View Count17
Jim Campbell Real Estate
Jim Campbell Real Estate
601 East Main Street
Newport, VT 05855
Broker Reciprocity 

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 1, 2023 5:09 PM EDT


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