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Property profile & analytics
OFF-MARKET
Neighborhood centers

0 Waterfront Plz Newport, VT 05855

86,782 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Neighborhood centers
Total area 86,782 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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