Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    60 Commons Dr Newport, VT 05855
    Back to Search
    Property profile & analytics

    60 Commons Dr, Newport, VT 05855

    View on Map

    • Retail properties & Spaces
    • 1,600 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 60 Commons Dr

    Year built
    2005
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This 1,600 square foot executive office suite, located at 60 Commons Drive in Newport, Vermont, is available for lease. Built in 2005, this single-story building offers a high-visibility location in a busy shopping plaza with strong retail presence. Previously occupied as a takeout pizza restaurant, the space features a front retail/service counter, a large open front kitchen area with an 8' hood system, a back kitchen area with a 13' hood system, a dishwashing area, and a walk-in refrigerator/freezer (16'x9'x8'6"). The space includes tiled flooring, 10'11" ceilings, heat and electrical, a handicap-accessible bathroom, and a fully sprinklered system. Excellent signage opportunities are available, along with ample parking. The property enjoys tremendous exposure, situated near VT Route 105 and Interstate 91, with neighboring tenants including Verizon Wireless, Price Chopper Supermarket, Rent-A-Center, and China Moon Buffet. The zoning is commercial (Comm). The lease is a NNN type, with a base rent of $12 per square foot ($1,600/month) and an estimated CAM fee of $4 per square foot ($533+/month). Landlords are seeking a well-qualified tenant with strong references and a desire for a long-term lease and are open to offering lease incentives. The Orleans County location provides easy access to major transportation routes.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Orleans
    State
    Vermont
    Longitude
    -72.1605
    Latitude
    44.9537
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message