Downtown Newport Commercial Rental
For Lease
$2,150/Mo
42 Central St 5, Newport, VT 05855
Renovated commercial space in historic building, flexible layout.
Space SizeContact for details
Property Size7,018 SF
Days on Market186
Property Features for 42 Central St 5
General Information
Standard status
Active
Size
7,018 SF
Property subtype
Commercial
Building Details
Building Size
7,018 SF
Year Built
1920
Units
5
Listing Agency:
Century 21 Farm & Forest
Listed By:
Nicholas Maclure
(802) 334-1200
Source:
Elliman
Added: Apr 27
Changed: Oct 29
Last Checked: Oct 28 at 9:22AM
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 Century 21 Farm & Forest
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Investment Insights
Based on property information with market context.
Located in the historic Express & Standard Building in Downtown Newport, this main floor commercial rental space offers approximately 1,800 square feet suitable for office, fitness, studio, or light manufacturing. The flexible layout features two private offices and two large open areas. Recent upgrades include new flooring, suspended ceilings, energy-efficient lighting, updated wiring, and new windows. The property includes a new ADA-compliant bathroom, handicap ramp access, three-phase power, a loading dock, and ample rear parking. Heat and water are included in the rent. Available immediately with flexible 3- or 5-year lease terms, this turnkey opportunity is located at 42 Central Street, with convenient access to shops, restaurants, and everyday amenities. Prospective tenants should consult Newport Zoning with their intended use. The location has a walk score of 39, indicating car-dependence, and a bike score of 12, indicating it is somewhat bikeable.
Key Highlights
- Prime Downtown Newport location in the historic Express & Standard Building
- Fully renovated 1,800 sq ft commercial space with modern upgrades
- Flexible layout with two private offices and two large open areas
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
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Business Placement
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
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Market
Lease Benchmarks for Newport, VT
$33.68 /SF/Yr
Avg Asking Price
$6.34–$121 /SF/Yr
Price Range
1,327 SF
Avg Space Size
This space is priced 57% below the average of $33.68 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Renovated commercial space in historic building, flexible layout.
Where is this office unit located?
The property is located at 42 Central St 5 Newport, VT.
What is the lease rate?
The lease rate is $2,150/Mo.
What are key features of this property?
This property features: Prime Downtown Newport location in the historic Express & Standard Building; Fully renovated 1,800 sq ft commercial space with modern upgrades; Flexible layout with two private offices and two large open areas
