Waterfront Plz Newport, VT 05855
- Neighborhood centers
- 86,782 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 0 Waterfront Plz
- Property size
- 86,782 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
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 Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Orleans
- State
- Vermont
- Longitude
- -72.2053
- Latitude
- 44.9402