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Well-Maintained Office Building Opportunity
For Sale
$175,000

41 Highland Ave, Newport, VT 05855

Office building with high visibility, parking, and development potential.

Property Size1,524 SF
Lot Size0.36 Acres
Price / SF$114.83
Days on Market151

Property Features for 41 Highland Ave

General Information

Standard status Active
Size 1,524 SF
Lot size 0.36 Acres
Property subtype Commercial

Building Details

Building Size 1,524 SF
Units 1
Listing Agency: Jim Campbell Real Estate
Listed By: Dexter Degre · License #0810134338
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 6:22AM

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 Jim Campbell Real Estate

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a well-maintained office building in a highly visible location at 41 Highland Ave in Newport City, Vermont, on Route 105. The property offers commercial signage opportunities along a major road. Previously used as a Veterinary Office and Credit Union, the easy-to-maintain 0.20-acre parcel features landscaping and abundant paved parking, including a front visitor lot and a rear employee lot with an access ramp. The 1524+/- square foot office building has two levels. The main floor features 788+/- square feet of finished space with bright natural light, a large open area for reception and work stations, and two private offices (one of which could be a conference room), and a wall A/C unit. The 736+/- square foot lower level includes two private offices, a laundry room with a deep sink, a private room with a shower, a private half-bathroom, and a utility room. This building is suitable for relocating a business or moving an office out of a home to gain visibility on a major road. All uses will be considered, and the building could also be converted into residential. The property has new exterior paint. Also included in the sale is a 0.16-acre parcel on the north side of Highland Ave. The additional parcel has potential for development but is steeply sloped. Deferred maintenance on main floor windows (moisture seals) is factored into the listing price.

Key Highlights

  • High‑visibility location on VT Route 105 with commercial signage opportunity.
  • Abundant paved parking with front visitor lot and rear employee lot with access ramp.
  • Versatile building suitable for various uses, including office or residential conversion.

Property Analytics

Current Use

Cold Hollow Veterinary ... Veterinary Clinic

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store Plumbing Service Grocery & Convenience Store Parking Lot & Garage

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

62
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building with high visibility, parking, and development potential.
Where is this office building located?
The property is located at 41 Highland Ave Newport, VT.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: High‑visibility location on VT Route 105 with commercial signage opportunity.; Abundant paved parking with front visitor lot and rear employee lot with access ramp.; Versatile building suitable for various uses, including office or residential conversion.
More about this property
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