- Mount Vernon StreetNewport City, VT 05855Price: $699,000

  • Price: $699,000
  • 61 Days on Market
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Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
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- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855- Mount Vernon Street Newport City VT 05855
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  • 41Acreage
  • ActiveMLS Status
  • 2300Road Frontage

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Listed by Nicholas Maclure and Daniel Maclure of Century 21 Farm & Forest
This 41-acre parcel, located in both Derby (13.2A) & Newport (27.6A), borders I-91 access road, Newport Country Club, Pine Hill Road& Mt Vernon St. It is zoned for Commercial Use but is also well-suited for residential development, which would require rezoning. As raw land it holds great potential for a large luxury home with its fantastic views of Lake Memphremagog, Jay Peak & Willoughby Gap as well as overlooking downtown Newport. Conceptual drawing are available for a 7-lot commercial subdivision or a 13 lot residential subdivision with onsite water & sewer. Being located within the Foreign Trade Zone could reduce the costs of imports for your business. The Newport portion of this property is also in an Opportunity Zone. Finally, a project could qualify for New Market Tax Credits. Certainly a Must See property. ** Two (2) shareholders are Vermont Real Estate Brokers.

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Basic Information

  • StatusACT
  • Modification Date05/05/2022
  • TypeDevelopment, Hospitality, Land, Opportunity, Other, Vacant Land
  • List Price$699,000
  • Broker NameCentury 21 Farm & Forest
  • Listing Agent NameNicholas Maclure
  • Lister Office NameCentury 21 Farm & Forest
  • MLS Number4908313
  • MLS StatusActive

Location

  • Building Number-
  • StreetMount Vernon Street
  • TownNewport City
  • StateVT
  • Zip05855
  • CountyOrleans

Utilities

  • Phone CompanyConsolidated

Legal

  • OtherStructuresLand Only
  • Zoningcommercial

Building

  • Garage Spaces

Property

  • Acreage41
  • Property TypeCommercial Sale
  • AreaCommercial Zoning, Near Golf Course, Near Shopping, Near Snowmobile Trails
  • Lot Sqft1,785,960
  • Road Frontage2300

Other

  • Transport AccessMajor Road Access, Paved
  • View Count4
Parkway Realty

Your Local Office

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Parkway Realty
Office: 802-748-8169
75 Mt. Pleasant St.
St. Johnsbury, VT 05819
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 4, 2022.

 

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