189 E Main St Newport City, VT 05855
For Lease
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This exceptional 1,050 square foot office space is located at 189 East Main Street in Newport, Vermont, within a well-maintained commercial plaza. The ground-level unit boasts a spacious open reception area, two private offices with abundant natural light from large windows, a dedicated storage/server/IT room, and a private restroom. Built in 1960, this single-story building offers 8'10" ceilings and sits on a half-acre lot (0.5 acres). The property is zoned commercial and is part of a larger 6,156 square foot building with multiple tenants. Ample paved parking is available on-site, and the location provides excellent visibility and signage opportunities on a heavily trafficked section of East Main Street. Monthly rent of $1,250 includes heat (capped), water/sewer, real estate taxes, insurance, and snow removal. Tenants are responsible for electricity, trash removal, internet, and additional utilities. A long-term lease is preferred, and well-qualified tenants with strong references are encouraged to apply. Ideal for medical practices, general office use, or retail businesses. Immediate occupancy is available.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Newport, VTCosts & 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.