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Storefront Condominium Unit
New
For Sale
$205,000

1 Main St 3, Newport, VT 05855

The occupied commercial unit offers step-free entry, parking, and views of the lake.

Property Size7,266 SF
Days on Market6

Property Features for 1 Main St 3

General Information

Standard status Active
Size 7,266 SF
Property subtype Commercial

Amenities

Parking
ease of entrance with no steps
lake views

Building Details

Building Size 7,266 SF
Year Built 1967
Units 3
Tenancy Single
Listing Agency: RE/MAX All Seasons Realty - Lyndonville
Listed By: Russell Ingalls
Source: Elliman
Added: Oct 9 Changed: Oct 13 Last Checked: Oct 12 at 9:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX All Seasons Realty - Lyndonville

Investment Insights

Based on property information with market context.

This storefront condominium unit in Newport, Vermont, was built in 1967 and is currently occupied by a salon. The business itself is not part of the offering. The unit has step-free access, parking, and lake views.

It is one of three units in the condominium, with shared costs among the units. Nearby businesses provide additional commercial context.

Key Highlights

  • Commercial unit currently leased to a salon; the business is not included in the sale
  • One of 3 units in a condominium with shared costs
  • Step‑free entrance and parking

Property Analytics

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Current Use

MY Salon & Spa Hair Salon Probation & Parole Office Probation Office Adult Basic Education ... High School

Suggested Use

Top Pick Building Supply HVAC Service Big Box & Wholesale Store Real Estate Agency Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby
21k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 82% Shops & Services 18%
Wendy's Dining
15,453 visits/mo 0.3 miles
Domino's Pizza Dining
1,673 visits/mo 0.0 miles
People's United Bank Shops & Services
1,458 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
1,303 visits/mo 0.3 miles
Dollar Tree Shops & Services
880 visits/mo 0.3 miles

Demographics for 05855, VT

7,388
Population
3,880
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
90%
High-School Grad
59.1 sq mi
ZIP Area
125
Density / Sq Mi
$57,611
Median Household Income
$34,381
Median Earnings
$866
Median Rent
$194,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - The occupied commercial unit offers step-free entry, parking, and views of the lake.
Where is this storefront property located?
The property is located at 1 Main St 3 Newport, VT.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Commercial unit currently leased to a salon; the business is not included in the sale; One of 3 units in a condominium with shared costs; Step‑free entrance and parking
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