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Storefront Condo Unit

1 Main Street, Newport City, VT 05855

For Sale
$205,000

The unit is leased to an operating salon and shares costs with two other condominium units.

Property SizeContact for details
Days on Market31

Property Features for 1 Main Street

General Information

Standard status Active
Property subtype Commercial

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Amenities

parking
ease of entrance with no steps
lake views

Building Details

Year Built 1967
Listing Agency: RE/MAX All Seasons Realty - Lyndonville
Listed By: Russell Ingalls · License #Russell Ingalls
Source: Anotchaboverealestate
Added: Oct 7 Changed: Nov 6 Last Checked: Nov 6 at 2:31PM

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

Rey
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Investment Insights

Based on property information with market context.

This storefront condominium unit is currently occupied by a salon business; the business itself is not included in the sale. Built in 1967, the unit is part of a three-unit condominium, with costs shared among the units. Step-free entry and parking are available.

The property is in Newport City, with lake views and other businesses nearby. Showings must be arranged through the broker with the occupying business and scheduled during its open hours.

Key Highlights

  • Part of a three‑unit condominium with shared costs
  • Currently leased to a salon; the business is not included in the sale
  • Step‑free entrance and parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

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.

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Storefront property - The unit is leased to an operating salon and shares costs with two other condominium units.
Where is this storefront property located?
The property is located at 1 Main Street Newport City, 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: Part of a three‑unit condominium with shared costs; Currently leased to a salon; the business is not included in the sale; Step‑free entrance and parking
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