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Flex Commercial Building with Shop
For Sale
Under Contract
$375,000

561 E Main Street, Newport City, VT 05855

Commercial Sale, Newport City, VT

Property Size5,613 SF
Lot Size0.54 Acres
Price / SF$66.81
Days on Market122

Property Features for 561 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Form 3 Urban Multi-Use
Rooms Basement
Lot features In Town, Near Country Club, Near Golf Course, City Lot, Interior Lot, Major Road Frontage, Street Lights, Near Hospital
Directions On Interstate 91 to Exit #27 towards Newport. From the Intersection of East Main Street and Sias/Western Ave, head east on East Main Street/US-5 and property will be on your left immediately after Cumberland Farms.
Standard status Active Under Contract
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 9876

Utilities

Heating system Oil, Heat Pump (Heating), Hot Water(Heating)
Cooling system Ductless, Zoned
Water source Public

Building Details

Year built 1950
Building materials Wood Frame, Vinyl Siding
Roof type Metal
Listing Agency: Jim Campbell Real Estate
Listed By: Dexter Degre · License #0810134338
Added: Apr 23 Changed: Aug 20 Last Checked: Aug 22 at 5:06PM
MLS# 5085152

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 561 E Main Street in Newport City, this 5,613 SF flex commercial building combines 3,071 SF of office and retail space with 2,542 SF of finished garage and shop area. The garage includes 12-foot ceilings, a 10' x 10' dock door, a 9'4" x 10' drive-in door, a bathroom, insulation, and two Modine oil/hot-water heating units. The office and retail portion has multiple access doors, two bathrooms, a sink and kitchenette area, 8'6" ceilings, and below-grade access.

An additional 1,110 SF of basement storage provides access to the mechanical systems, including a 275-gallon oil tank, multi-zone hot-water boiler, and sump pump. The property has public water and sewer, 3-Phase 208V 400AMP electrical service, five electric meters, fiber optic availability, a metal roof, and recently upgraded overhead doors. The 0.54-acre site is zoned Form 3 Urban Multi-Use. Known deferred maintenance includes rusting metal roof panels on a portion of the building, drainage issues along the east and northeast side, and interior lighting work.

Key Highlights

  • 5,613 SF flex building with 3,071 SF office/retail and 2,542 SF finished garage/shop space
  • Garage includes 12' ceilings, a 10' x 10' dock door, and a 9'4" x 10' drive‑in door
  • Additional 1,110 SF of below‑grade storage with accessible mechanical systems

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Nail Salon (Bike/Boat/Book/etc) Store Restaurant

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

12 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Dancing Sail Banquet Room 47 Landing St, Newport, VT 05855
  • Making The CuTX Barbecue 246 Causeway, Newport, VT 05855

Frequently Asked Questions

What type of property is this?
Flex space - Multi-configuration commercial space with office, retail, garage, and storage areas.
Where is this flex space located?
The property is located at 561 E Main Street Newport City, VT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 5,613 SF flex building with 3,071 SF office/retail and 2,542 SF finished garage/shop space; Garage includes 12' ceilings, a 10' x 10' dock door, and a 9'4" x 10' drive‑in door; Additional 1,110 SF of below‑grade storage with accessible mechanical systems
More about this property
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