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Two-Level Retail Office Building
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41 Highland Avenue, Newport, VT 05855

Two-level building with bright main-floor space and abundant paved parking for businesses seeking visibility on Route 105.

Property Size1,524 SF
Lot Size0.20 Acres
Price / SF$114.83
Days on Market51

Property Features for 41 Highland Avenue

General Information

Standard status Active
Size 1,524 SF
Lot size 0.20 Acres
Property subtype Retail, Office

Building Details

Year Built 1960
Stories 2
Listing Agency: JIm Campbell Real Estate Newport
Listed By: Dexter Degre · License #081.0134338
Source: Crexi
Added: Jun 19 Changed: Jul 10 Last Checked: Aug 7 at 10:53AM

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 Newport

Investment Insights

Based on property information with market context.

This well maintained two-level retail/office building includes approximately 788+/- SF on the main floor and approximately 736+/- SF on the lower level. The main floor offers finished space with bright natural light, a large open reception/work area, and two private offices that can also function as a conference room. The lower level provides two private offices, a laundry room with a deep sink, a shower room, a bathroom, storage closets and additional nooks, and a utility room. The exterior has newer paint, and the property includes a professional building on a 0.20 acre parcel with a front visitor lot, a rear employee lot, paved surface parking, and an access ramp. A separate 0.16 acre parcel is also included on the north side of Highland Ave, and the sale factored in deferred maintenance on the main floor windows and rolled roof.

The property is located on busy VT State Route 105 in Newport City, Vermont, providing commercial signage opportunities along a major road. It also benefits from landscaping and additional outdoor space, with light clearing on the included parcel creating views of Lake Memphremagog.

The layout is practical for owner-occupants or tenants that need both reception and private office space, with flexible rooming on the lower level for additional offices or support functions. Prior uses included a veterinarian and a credit union, and the seller indicates all uses are considered and the building could be converted into residential, subject to applicable requirements. The combination of paved parking and straightforward access makes it an efficient option for relocating a business that needs consistent public visibility.

Key Highlights

  • Two‑level retail/office building built in 1960 with 1,524+/- SF professional space on a 0.20‑acre parcel
  • Main level offers 788+/- SF finished space with bright natural light, open reception/work area, and two private offices (or conference room)
  • Lower level includes 736+/- SF with two private offices, laundry room with deep sink, shower room, bathroom, storage closets, and utility room

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?
Retail space - Two-level building with bright main-floor space and abundant paved parking for businesses seeking visibility on Route 105.
Where is this retail space located?
The property is located at 41 Highland Avenue 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: Two‑level retail/office building built in 1960 with 1,524+/- SF professional space on a 0.20‑acre parcel; Main level offers 788+/- SF finished space with bright natural light, open reception/work area, and two private offices (or conference room); Lower level includes 736+/- SF with two private offices, laundry room with deep sink, shower room, bathroom, storage closets, and utility room
More about this property
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