- Mount Vernon StreetNewport City, VT 05855MLS Number 4958533

  • Price: $699,000
  • 452 Days on Market
PrintSave Favorite
$
$
%
$/month over payments
Federal 30-year interest rate: 6.2% last updated on Sep 12, 2024
* 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.
Active
- 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
QR Code
  • 41Acreage
  • 2023Tax Year
  • ActiveMLS Status
  • 2300Road Frontage
This 41-acre parcel of land, strategically positioned at the confluence of Derby (13.2 acres) and Newport (27.6 acres), enjoys proximity to key landmarks such as the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon St. While currently designated for commercial use, there exists a promising potential for residential development, contingent upon rezoning. The untouched terrain presents an opportunity for an expansive upscale dwelling, offering panoramic vistas of Lake Memphremagog, Jay Peak, Willoughby Gap, and downtown Newport. Proposed blueprints outline the feasibility of a 7-lot commercial subdivision or a 13-lot residential division with access to essential water and sewer amenities. Furthermore, being within the Foreign Trade Zone could translate to reduced import expenditures for enterprises, along with the prospect of qualifying for New Market Tax Credits. This property warrants a personal inspection, with the additional detail that two (2) stakeholders are licensed Vermont Real Estate Brokers.
Listed by Nicholas Maclure of Century 21 Farm & Forest

Ask A Question

Call:

802-388-4242
or send a message:
Do not fill in this field:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Driving Directions

IPJ Real Estate

Your Local Office

More Info »
IPJ Real Estate
Office: 802-388-4242
34 Main Street
Middlebury, VT 05753

More Info

Basic Information

  • PermissionAerials, Deed, Other

Property

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

Legal

  • OtherStructuresLand Only
  • Zoningcommercial

Tax Information

  • Tax Year2023

Location

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

Utilities

  • Phone CompanyConsolidated

Other

  • Transport AccessMajor Road Access, Paved
  • Date Listed06/23/2023
  • View Count10

Basic Information

  • StatusACT
  • Modification Date08/30/2024
  • 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 Number4958533
  • MLS StatusActive
Broker Reciprocity 

Copyright 2024 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 September 16, 2024 3:09 PM EDT

 

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.