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    124 East Main St, Unit 2 Newport, VT 05855

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    For Lease
    $695 /Mo

    Office space for lease with great visibility.

    Lot size:
    0.43 Acres

    Property Features for 124 East Main St

    General Information

    Lot size
    0.43 Acres

    Building Details

    Year built
    1920

    Source: Jim Campbell Real Estate Agent Dexter Degre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office Space Available

    This office space for lease is located on East Main St and benefits from traffic generated by the anchor business, Newport Optical. The property is a clean, professional, split-level office building with ample parking. The available 1315 RSF office unit is situated on the 2nd and 3rd floors, featuring 4 offices, a reception area, and a restroom. The lease includes heat, electric (capped), trash removal, plowing, and building and yard maintenance. The tenant is responsible for janitorial services, cable/internet, and any additional electric usage beyond the cap. The landlord is open to negotiation on lease terms, with a preference for a long-term lease. A well-qualified tenant with solid references is preferred, and a security deposit is required. The office space is available for immediate occupancy.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pinard Francis L ... Optometrist Dr. Pinard Doctor Vermont Optometric Association Optometrist Newport Optical Optometrist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Washington
    State
    Vermont
    Longitude
    -72.2014295
    Latitude
    44.9425961

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    FAQs

    What type of property is this?
    Office space - Office space for lease with great visibility.
    Where is this office space located?
    The property is located at 124 East Main St, Unit 2 Newport, VT.
    What are key features of this property?
    This property features: - All-inclusive rent: $695/month covers heat, electric (capped), trash, plowing, and building/yard maintenance.; - High visibility location on East Main St with traffic from Newport Optical.; - Professional, split-level office building with ample parking.
    (303) 854-7083
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    124 East Main St, Unit 2 Newport, VT 05855
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    Newport, VT 05855
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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
    124 East Main St, Unit 2 Newport, VT 05855
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