1 Main Street #3, Newport City, VT 05855

Building Details

Year Built 1967 More

Units 3 More

Tenancy Single More

Listing Agency: Re/Max All Seasons Realty - Lyndonville a***@allseasonsre.com Show Phone

Listed By: Russell Ingalls · License VT #0810087409 Show Phone

Source: Hayesrealestate

Added: Oct 7 Changed: Nov 11 Last Checked: Nov 13 at 6:04AM

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Investment Insights

Based on property information with market context.

This storefront condominium unit is part of a three-unit association with shared costs. Built in 1967, it is currently leased to a salon; the salon business is not included in the sale. The entrance has no steps, and parking is available. Lake views are also part of the property setting.

The unit is located at 1 Main Street in Newport City and is zoned Main St Form 1.

Key Highlights

• Storefront unit within a three‑unit condominium
• Currently leased to a salon; the business is not for 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.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

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 - A salon tenant currently occupies the unit, which also offers parking and views of the lake.

Where is this storefront property located?

The property is located at 1 Main Street #3 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: Storefront unit within a three‑unit condominium; Currently leased to a salon; the business is not for sale; Step‑free entrance and parking