3-1 Main St, Newport, VT 05855

Building Details

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: Exprealty

Added: Oct 7 Changed: Nov 12 Last Checked: Nov 12 at 8:29AM

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Investment Insights

Based on property information with market context.

This commercial condominium unit is currently occupied by a salon; the salon business is not included in the sale. The property is part of a three-unit condominium, with costs shared among the units. On-site parking and a no-step entrance serve the space, and the property offers lake views. Other businesses are located nearby in Newport, Vermont.

Key Highlights

• Currently occupied by a salon; the business is not part of the sale
• One unit in a three‑unit condominium with shared costs
• Parking and step‑free entrance

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office HVAC Service Big Box & Wholesale Store Real Estate Agency Kitchen & Bath Showroom Garden Center

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

Explore this area Business Placement

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

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

Similar For Sale Nearby

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1 Main St 3, Newport, VT 05855

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41 Highland Ave, Newport, VT 05855

$175,000

1,524 SF

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Versatile Commercial Building in Newport

215 Glen Rd, Newport, VT 05855

$425,000

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Frequently Asked Questions

What type of property is this?

Storefront property - The unit has a step-free entrance, parking, and lake views in Newport, Vermont.

Where is this storefront property located?

The property is located at 3-1 Main St 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: Currently occupied by a salon; the business is not part of the sale; One unit in a three‑unit condominium with shared costs; Parking and step‑free entrance