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    20 Main St Newport, NH 03773

    For Lease
    $14 SF/Yr

    Prime retail space, high traffic, divisible units.

    Lot size:
    18,664 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity is situated at 20 S Main Street in the heart of Newport, a vibrant location at the crossroads of Routes 10, 11, and 103. The property, formerly the Brampton Mill Co. headquarters, boasts a total of 18,664 square feet, with 5,465 square feet currently available for lease. This mixed-use building benefits from an average daily traffic count of approximately 13,400 vehicles, ensuring high visibility and accessibility for your business. Currently anchored by a Dunkin' Donuts and a Verizon Wireless store, this location offers an established commercial presence. The available space is highly flexible, divisible into units as small as 1,350 square feet, catering to a range of business needs. Ample on-site parking accommodates over 75 vehicles, providing convenient access for customers and employees. The property's Industrial 1 zoning allows for versatile use, and the landlord will deliver a "vanilla box" ready unit, minimizing tenant build-out costs. Furthermore, the property sits on 2.16 acres of land. Future development plans include the construction of luxury apartments on the second floor in 2024, further enhancing the property's value and attracting a diverse clientele. Built in 1930, this property offers a blend of historical charm and modern commercial potential. This is an unparalleled opportunity to establish your business in a thriving downtown Newport location.

    Property Features for 20 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,664 SF
    Total Rate
    21774.67

    Building Details

    Year Built
    1930

    Unit(s) available at that property

    Space
    Size
    5,465 SF
    Rate per SF
    $14

    HighLights

    • 18,664 SF retail building in Newport, Sullivan County.
    • Single‑tenant retail space, 5,465 SF vacant.
    • Located at 20 S Main Street, near Routes 10, 11, and 103, with ±13,400 VPD.
    • Anchored by Dunkin' Donuts and Verizon Wireless.
    • Divisible units from 1,350 SF to 5,000 SF available; 75+ parking spaces.
    • I‑1 zoning; landlord provides vanilla box build‑out.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Sullivan
    State
    New Hampshire
    Longitude
    -72.1714623
    Latitude
    43.3627265

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    FAQs

    What type of property is this?
    Individual retail property - Prime retail space, high traffic, divisible units.
    Where is this individual retail property located?
    The property is located at 20 Main St Newport, NH.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 18,664 SF retail building in Newport, Sullivan County.; Single-tenant retail space, 5,465 SF vacant.; Located at 20 S Main Street, near Routes 10, 11, and 103, with ±13,400 VPD.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 Main St Newport, NH 03773
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