- beds
- —
- baths
- —
- sq ft
- —
- Built
- 1950
561 East Main Street
Newport City, VT 05855
Commercial Sale · Active · MLS #5085152
Listing Courtesy of Jim Campbell Real Estate | Dexter Degre, Ryan Pronto
The home
About this home
5,613 SF Flex Commercial Building for sale on busy US-5/East Main St in Newport! Great opportunity for an investor or owner/user. Currently generating $918/mo from a small 216 SF long-term leased space w/separate entrance. Building features 5,613 SF of grade level space, featuring 3,071 SF of office/retail space and 2,542 SF of finished garage/shop space. The garage interior measures approximately 40' x 60' and has a 10' x 10' dock door and a 9'4" x 10' drive-in door. Garage has generous 12' ceilings, a bathroom, is insulated/finished and heated by 2 Modine oil/hot water heating units. Office/Retail space has seen many different prior uses and various multi-tenancy partitions, currently with 2 bathrooms and a sink/kitchenette area, 8'6" ceilings, multiple exterior access doors, and below grade access. Below grade is an additional 1,110 SF of functional storage space featuring good ceiling height and easily accessible mechanicals (275gal oil tank, multi-zone hot water boiler, sump pump). Property is on public water/sewer and features heavy power with 3-Phase 208V 400AMP service (5 electric meters for optional multi-tenancy) and fiber optic availability. Overhead doors have been recently upgraded. Sale is priced to reflect AS-IS condition and these are the known deferred maintenance items: portion of roof has rusting metal panels (okay shape, no leaks), some slope/drainage issues on east/NE side of building, and interior lighting. Buyer will want to revamp the interior depending on use. Great Flex Property with many different possibilities and Primely Located with Great Visibility and high traffic counts on East Main Street/US-5, capturing Derby Rd traffic as they come into Newport City. Available now. Showings by appointment only. The in-place lease is a very small portion of the building (less than 4%), includes annual rent increases, current term goes through 5/31/29 and Landlord/Tenant has optional renewal terms for up to 10 more years.
Property information
Details at a glance
Interior1 property facts
- Heating
- Heat Pump, Hot Water, Zoned, Oil
Building3 property facts
- Style
- Other
- Year built
- 1950
- Roof
- Metal
Land & utilities4 property facts
- Lot size
- 0.54 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Form 3 Urban Multi-Use
Financial2 property facts
- Annual taxes
- $9,876
- Assessment year
- 2026
Plan your purchase
Estimated monthly cost
Explore costs at the $375,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,719 / monthAdjust
- Principal & interest
- $1,896
- Property tax
- $823
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $9,876. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Newport City.
| Metric | This home | Local listings |
|---|---|---|
| List price | $375,000 | $425,00012% below local |
| Price / sq ft | — | — |
| Days on market | 103 | 26962% below local |
Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 561 East Main Street
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