Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    148 Prouty Dr Adamant, VT 05855
    Back to Search
    Property profile & analytics

    148 Prouty Dr Adamant, VT 05855


    • Assisted living facilities
    • 23,511 SF
    • 4.60 lot acres
    Newport City Commercial Facility For Lease
    $740,000
    23,511 SF

    Newport City Commercial Facility

    23,511 SF former nursing home on 4.6 acres.

    Adamant, VT 05855
    View Listing
    Property ID
    US89-0269477
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $740,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Newport Health Care & Rehab / Medical Clinic
    • Dr. Mark C. Meredith, MD / Physician

    Property Details for 148 Prouty Dr

    Year built
    1972
    Construction
    FRAME
    Lot size
    4.60 lot acres
    Property size
    23,511 SF
    Zone code
    GR
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    (136) 106013
    APU
    136106013

    Description

    This exceptional 23,511-square-foot, single-story brick building presents a unique opportunity in Newport, Vermont. Situated on a secluded 4.6-acre lot, this property boasts mature landscaping and ample parking. Previously a 60-bed nursing home/facility, the building offers extensive interior space, including multiple reception areas, administrative offices, a full commercial kitchen, dining lounge, 4 single-occupancy rooms with private baths, 28 double-occupancy rooms with shared baths, a hair salon room, activity room, snack room, commercial laundry room, a physical therapy room, a large nursing station, medical closet, staff lounge, multiple large washrooms, maintenance crib, storage and supply closets, and dedicated mechanical and electrical rooms. Additional features include a two-car garage/maintenance shop, miscellaneous storage, and a medical waste shed. The property benefits from city water and sewer, robust 3-phase power (400 amp, 600V), a backup propane generator, and a wet sprinkler system. Zoned PHO (Newport, VT - Public Health Office), the property's approved uses are detailed in supplemental documents. Its strategic location offers close proximity to North Country Union High School and North Country Hospital, with nearby recreational trails. While the landlord prefers a long-term lease to a single, qualified tenant, the space can be subdivided.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $740,000
      ML approach
      $740,000
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $915,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Orleans
    State
    Vermont
    Longitude
    -72.2017
    Latitude
    44.9539

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $51,340
    $120,200
    $1,600,900
    $1,721,100
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message