172 Bogner DriveNewport City, VT 05855MLS Number 4736327

  • Price: $1,490,000
  • 586 Days on Market
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Federal 30-year interest rate: 2.87% last updated on Sep 17, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 25.1Acreage
  • 1971Year Built
  • 35,000Square Feet
  • ActiveMLS Status

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Listed by Nicholas Maclure of Century 21 Farm & Forest
This 46,000 sq ft building sits on 25 acres in Newport, Vermont. The property has lots of potential for warehousing and/or manufacturing. The main level offers over 35,000 sq feet while the walkout lower level offers another 11,000± sq feet. The building sits proudly on a hillside overlooking Lake Memphremagog yet is not visible from Lake Road. The site received substantial permitting and infrastructure for 100,000+ sq ft expansion, which did not occur. Site work that was completed in preparation for this addition included enhanced fire protection, upgraded power, as well as increased stormwater retention capacity. This is a great opportunity to start or grow a company. There is great potential for processing & warehousing for the emerging Hemp Market. Furthermore, the site is within a designated Foreign Trade Zone as well as the Opportunity Zone (part of the Jobs Acts & Tax Cuts), and it could also qualify for New Market Tax Credits. The building is in need of an updated HVAC system and has been priced accordingly. The parcel is on the outskirts of Newport City with good access to Interstate 91, only a few minutes from the Newport Airport and only 15 miles to the Canadian Border. Newport welcomes you!

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More Info

Basic Information

  • Virtual TourView Tour
  • StatusACT
  • Modification Date07/16/2020
  • TypeBusiness, Industrial, Office, Opportunity, Other
  • List Price$1,490,000
  • Broker NameCentury 21 Farm & Forest
  • Listing Agent NameNicholas Maclure
  • Lister Office NameCentury 21 Farm & Forest
  • MLS Number4736327
  • MLS StatusActive

Utilities

  • Heating CoolingOther

Location

  • Building Number172
  • StreetBogner
  • TownNewport City
  • StateVT
  • Zip05855
  • CountyOrleans

Property

  • Acreage25.1
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaCommercial Zoning, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails
  • Lot Sqft1,093,356
  • Road Frontage836

Water Body

  • Docks1

Other

  • View Count41

Building

  • Year Built1971
  • ConstructionSteel Frame
  • Drive/Doors1
  • FoundationConcrete
  • Square Feet35,000
  • Available Sqft46,000
  • BasementConcrete Floor, Daylight, Finished, Partially Finished, Stairs - Interior, Storage Space, Walkout
  • Garage Spaces

Interior

  • Ceiling Height8-18'

Exterior

  • ExteriorMetal
  • RoofFlat, Tar and Gravel
StoneCrest Properties
StoneCrest Properties
Office: 802-626-4790
101 Depot Street
Lyndonville, VT 05851
Broker Reciprocity

Copyright 2020 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 September 21, 2020.

 

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