Price Reduced! The former Sacred Heart School and Convent has rich history and is a landmark in the City of Newport. The property sits on over 8 acres that look over Lake Memphremagog and feature a large open athletic field, a 35,322 sq ft school building, a 12,708 sq ft convent, commercial grade kitchens, a chapel, large common areas and a total of 35 bedrooms. Both buildings also have partially finished basements. A third building holds a garage and additional dormitory space. This prime historic site is in close proximity to downtown Newport's shopping and dining, the Gateway Center and Marina as well as the boardwalk along the lakeshore. The open acreage and its existing buildings hold much potential for development of senior housing, scholastic or retreat center, and other similar uses. Investors and Developers…this is great opportunity to create a state of the art facility within the region!

More Info

Basic Information

StatusACT
Modification Date02/17/2023
TypeOpportunity
List Price$650,000
Broker NameCentury 21 Farm & Forest
Listing Agent NameConstance Isabelle
Lister Office NameCentury 21 Farm & Forest
MLS Number4477989
MLS StatusActive

Utilities

FuelCoal, Oil, Other
Heating CoolingMulti Zone
Phone CompanyFairpoint

Other

Transport AccessCity Street, Paved
View Count147

Location

Building Number119
StreetClermont Terrace
VillageNewport
TownNewport City
StateVT
Zip05855
CountyOrleans

Property

Acreage8.51
Parking Spaces
Property TypeCommercial Sale
AreaNeighborhood, Suburban
Lot Sqft370,696

Amenities

Accessibility AmenitiesPaved Parking

Building

Year Built1952
ConstructionOther
NumberOfUnitsInCommunity3
FoundationOther
Square Feet35,244
Available Sqft35,244
BasementClimate Controlled, Concrete Floor, Full, Partially Finished, Storage Space
Garage Spaces

Exterior

ExteriorBrick, Vinyl Siding
RoofOther, Shingle, Tar and Gravel

Legal

Taxes$11,997.92
Price/SF$18.44
OtherStructuresAdditional Buildings, Land/Building
ZoningU Residential

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 May 29, 2023 3:53 AM EDT

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Your Questions & Comments I found a listing on "StoneCrest Properties" which you may be interested in:

119 Clermont TerraceNewport City, VT 05855MLS Number 4477989

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