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Auto Repair/Sales Business Opportunity

99 Vt Route 105, Newport Center, VT 05857

For Sale
$485,000
Pending

Auto repair, sales, and detailing business opportunity on state highway.

Property Size4,272 SF
Lot Size4.20 Acres
Days on Market245

Property Features for 99 Vt Route 105

General Information

Standard status Pending
Size 4,272 SF
Lot size 4.20 Acres
Property subtype Commercial

Building Details

Building Size 4,272 SF
Year Built 2005
Listing Agency: RE/MAX All Seasons Realty
Listed By: Rosemary M Lalime
Source: Elliman
Added: Mar 11 Changed: Aug 24 Last Checked: Aug 14 at 6:03AM

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 RE/MAX All Seasons Realty

Rey
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Investment Insights

Based on property information with market context.

This property presents an opportunity for establishing an auto repair, sales, and detailing business. The building is suited for these types of businesses and is located on a state highway just outside of town. Constructed less than 20 years ago, the building features a metal roof, aluminum siding, and concrete floors. It includes multiple overhead doors sized for various business needs, office spaces, bathrooms, and a showroom. Three larger bays are equipped with lifts. Situated on a 4-acre lot, the property offers a spacious parking lot suitable for accommodating cars and RVs. The detailing bays are also spacious and equipped.

Key Highlights

  • Turnkey auto repair, sales, and detailing business opportunity.
  • Ideal location on a state highway outside of town, meeting local demand.
  • Building in excellent condition (less than 20 years old) with metal roof, aluminum siding, and concrete floors.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Electrical Service Pet Store Pet Store & Service Bed & Breakfast Hotel & Motel

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

4
Businesses Nearby
Well-served
Demand for This Use

Demographics for 05857, VT

1,402
Population
774
Households
1.8
Avg Household Size
47
Median Age
31%
College-Educated
94%
High-School Grad
39.9 sq mi
ZIP Area
35
Density / Sq Mi
$76,992
Median Household Income
$43,199
Median Earnings
$925
Median Rent
$247,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Auto shop - Auto repair, sales, and detailing business opportunity on state highway.
Where is this auto shop located?
The property is located at 99 Vt Route 105 Newport Center, VT.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Turnkey auto repair, sales, and detailing business opportunity.; Ideal location on a state highway outside of town, meeting local demand.; Building in excellent condition (less than 20 years old) with metal roof, aluminum siding, and concrete floors.
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