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Property profile & analytics
FOR LEASE
Retail properties & Spaces

189 E Main St Newport City, VT 05855

6,156 SF 0.5 ac lot Built 1960
Individually Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US89-0174140
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1960
Construction FRAME
Total area 6,156 SF
Lot 0.5 ac (21,780 SF)
Zoning code C
APN (136) 118022
UPID US89-0174140
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
Current use
Occupant on record · Public records
  • Kingdom Chiropractic, Paul Berard, DC Alternative Medicine Practice
  • Paul Berard, DC - Kingdom Chiropractic at Newport Alternative Medicine Practice
  • T N T Explosive Tattoo Tattoo & Piercing Shop
  • Northeast Schools-Hospital CU Credit Union
  • Growing Minds PC- Pavel Malm, LCMHC Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
John E Moore · 18 yrs held
John E Moore
since 2008
2 recorded transactions
2008
$354,000
2008
$1
Zoning & alternative use
C · Newport, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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