125 Main St Newport, VT 05855

This three-unit commercial building is located on Main Street in downtown Newport, VT, an area with high foot traffic. The property is suitable for various businesses, including retail stores, restaurants, gift shops, clothing boutiques, offices, bakeries, and cafes. The building offers income-producing potential when all three units are leased. Unit #1, located on the street level, is a long-term leased restaurant with over 1500 square feet and a hood system. Unit #2 is a vacant 1600-square-foot retail store. Unit #3, situated on the walkout lower level with access from the rear parking lot, offers 3500 square feet. This space was previously a fully equipped restaurant and bar with a professional kitchen and currently contains 13 individually leased storage rooms and offices; the hood system is still installed. The seller is willing to sell restaurant equipment, including a refrigerator, freezer, deli unit, booths, tables, a walk-in refrigerator, kitchen appliances, and prep areas. A new roof was installed in July 2019. Downtown Newport provides on-street parking and municipal parking lots, with direct access to a city-owned parking lot at the rear of the building.