56 Commons Dr Newport, VT 05855
This exceptional retail opportunity is located at 56 Commons Dr, Newport, Vermont, 05855, within the vibrant Price Chopper Plaza. The space, totaling 1,400 square feet, is perfect for a variety of businesses, including retail, office, or restaurant uses. The property is currently under new management and offers significant incentives to prospective tenants. These include free rent concessions, a substantial tenant improvement allowance, and flexible lease terms designed to accommodate individual business needs. The plaza benefits from a strong anchor tenant, Price Chopper, ensuring high foot traffic and visibility. The location is easily accessible, providing convenient access for customers and employees alike. This is a unique chance to establish or expand your business in a thriving commercial center with attractive financial incentives. The property is categorized as a grocery-anchored center with special services, offering a diverse customer base. The space is currently available for lease. Contact us today to learn more about this exciting opportunity.
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Central Market Florist (Bike/Boat/Book/etc) Store Florist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.