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    Waterfront Plz Newport, VT 05855
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    Waterfront Plz, Newport, VT 05855

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    • Neighborhood centers
    • 86,782 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 0 Waterfront Plz

    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    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.


    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
    -72.2053
    Latitude
    44.9402
    More about this property
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