0 Waterfront Plz Newport, VT 05855
Invest in a thriving retail opportunity at Newport Plaza, a multi-tenant strip center in Newport, Vermont. This strategically located property boasts 86,782 square feet of total building space and enjoys exceptional visibility directly off Interstate 91, a major thoroughfare. The center benefits from a high volume of traffic, drawing both local residents and international tourists due to its proximity to the Canadian border (less than 15 minutes away). Currently, the center houses a diverse mix of established businesses including Walgreens, Wendy's, Vista Foods, The Great Outdoors, Hoagies Pizza, and The T Bar, creating a strong synergy and established customer base. Two spaces are immediately available, ranging from 7,255 to 9,630 contiguous square feet, with a minimum divisible space of 8,861 square feet. A significant 18,491 square feet of vacant space presents a unique chance to establish your business in this vibrant community. The property is situated in Orleans County, offering easy access to a substantial consumer market. This is an exceptional opportunity to capitalize on a high-traffic location within a well-established retail center. The existing tenant mix provides a strong foundation for future success, and the available space offers flexibility for a variety of retail concepts.
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
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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.