1 Main StreetNewport City, VT 05855MLS Number 4764624

  • Price: $250,000
  • 123 Days on Market
$/month over payments
Federal 30-year interest rate: 3.69% last updated on Nov 7, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.3Acreage
  • 1969Year Built
  • 7,266Square Feet
  • 2,940Available Sqft

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Here is your opportunity to own a historic cosmetology business in Newport Vermont with over 75 years of history. This shop is the largest in the area and features 10 hair dressing stations, 4 wash stations, 3 dryers, 3 pedicure chairs, 3 manicure stations, a styling station, a massage room, waiting area, half bath, a kitchen, and an upper level office and storage area. A substantial renovation of the building and equipment was completed in 2010. This renovation included updated wiring, heating, flooring, paint and almost all new equipment. The salon is located on the busiest section of Main Street with over 14,000 cars per day giving this business optimal exposure and its customers convenience. Customers also appreciate the covered, zero step entry, front and rear parking, a comfortable waiting area, and views of Lake Memphremagog. The salon is situated in a 3 unit condo building and this unit consists of 34.4% of the building. Condo fees are only $100 per month. The current owners are willing to assist with a transition into new ownership. The business, equipment, inventory and real estate are offered for $250K or the business, equipment and inventory could be purchased for $75K and the Real Estate Leased from the current owners.

Listed by Tara Lewis and Nicholas Maclure of Century 21 Farm & Forest

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More Info

Basic Information

  • StatusACT
  • Modification Date07/16/2019
  • TypeBusiness, Hospitality, Office, Opportunity, Retail
  • List Price$250,000
  • Broker NameCentury 21 Farm & Forest
  • Listing Agent NameNicholas Maclure
  • Lister Office NameCentury 21 Farm & Forest
  • MLS Number4764624


  • ExteriorVinyl Siding
  • RoofMembrane


  • Accessibility Amenities1st Floor 1/2 Bathroom,3 Ft. Doors, Access Common Use Areas, Access Parking, Accessibility Features, No Stairs from Parking, One-Level Business, Zero-Step Entry Ramp


  • Building Number1
  • StreetMain
  • TownNewport City
  • StateVT
  • Zip05855
  • CountyOrleans


  • Acreage0.3
  • Parking Spaces
  • Property TypeCommercial Sale
  • Area
    • Business District
    • Commercial Zoning
    • In Town
    • Near Country Club
    • Near Golf Course
    • Near Paths
    • Near Railroad
    • Near Shopping
    • Near Skiing
    • Near Snowmobile Trails
  • Lot Sqft13,068
  • Road Frontage113
  • Traffic Count14400


  • AC percent100
  • Transport AccessCity Street, Public Transportation, Paved
  • View Count2


  • Year Built1969
  • ConstructionSteel Frame
  • FoundationSlab - Concrete
  • Square Feet7,266
  • Available Sqft2,940
  • BasementConcrete, Concrete Floor, Slab
  • Rail Available Y/NNo


  • Ceiling Height9'11''


  • FuelGas - LP/Bottle
  • Heating CoolingForced Air, Hot Air, In Ceiling
StoneCrest Properties
StoneCrest Properties
Office: 802-626-4790
101 Depot Street
Lyndonville, VT 05851
Broker Reciprocity

Copyright 2019 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 November 11, 2019.


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