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    266 Main Street Ct Adamant, VT 05855

    For Lease
    Contact for pricing

    Commercial For Lease - Newport City, VT

    Lot size:
    0.65 Acres
    Days on Market:
    185
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 266 Main Street Ct

    General Information

    Special listing conditions
    Real Estate Owned
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Real Estate Owned
    Standard status
    Active
    Zoning
    Form 1 Main St (Flexible)
    Rooms
    Basement
    EntryLevel
    1
    Basement Y/N
    1
    Lot size
    0.65 Acres

    Utilities

    Heating system
    Propane (Heating)

    Building Details

    Year built
    1958
    Number of units
    2
    Roof type
    Membrane
    Architectural style
    Other

    Jim Campbell Real Estate (802) 334-3400 [email protected]

    Listing agent Dexter Degre (802) 334-3400

    Listing date Jun 5, 2025

    MLS# 5044963 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newport City Retail Space Available

    Available for lease is an 11,872 square foot retail space situated in a freestanding building on Main Street in Newport City, Vermont. The property benefits from a downtown location with high visibility on a corner lot at a busy intersection in the Northeast Kingdom. The site includes onsite parking with over 35 paved spaces, curbing, sidewalks, and street lights. The ground level space features retail store space with accessibility features, a rear area for stock and employees, two bathrooms, and a loading dock. An additional 9,936 square feet of storage space is available in the basement for an additional $2,500 per month. The basement storage space is functional and includes a ramp, suitable for coolers and inventory storage. The property is zoned "Form 1 - Main St", allowing for various uses. Display racks and coolers may be available. The property has been home to several long-term tenants and former uses include a dollar store, market, and grocery store. The lot size is 0.65 acres. The lease is NNN, with the tenant responsible for property taxes, insurance, and CAM, estimated at $2.34 per square foot per year. The property is located at 266 Main Street, Newport City, VT 05855, in Orleans County.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Wholesale Shop Nail Salon Auto Parts Store Bike Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Adamant
    County
    Washington
    State
    Vermont
    Longitude
    -72.2004
    Latitude
    44.9201

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    FAQs

    What type of property is this?
    Retail space - Large retail space with parking in downtown Newport City, VT.
    Where is this retail space located?
    The property is located at 266 Main Street Ct Adamant, VT.
    What are key features of this property?
    This property features: - Large 11,872 SF freestanding retail building in downtown Newport City.; - High visibility corner lot location at a busy intersection in the Northeast Kingdom.; - Onsite parking with 35+ paved spaces.
    (802) 334-3400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    266 Main Street Ct Adamant, VT 05855
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