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0 Stonewall Street, Newport City, VT 05855

$1,500,000
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Active
MLS#5069863
STATUSActive PROPERTY TYPECommercial - Investment

Listing Courtesy of: Jim Campbell Real Estate
Agency Phone: 802-334-3400
Associate Name: MyKayla Tanguay
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Property Description

Now is your chance to secure a fully permitted development project located in the heart of Newport, Vermont. This unique offering includes 19 build-ready lots, complete with water, sewer, power, and fire hydrants already in place allowing you to move forward with construction immediately. State and local permits on file for the development, each lot has been surveyed with pins set, and would fall under the Vermont Home ACT S.100, giving you flexibility to build single-family homes, duplexes, triplexes, quadplexes, or a combination. Whether you're planning a residential neighborhood or a mixed-use community, this project offers the foundation for success. Positioned in a prime location, these lots are just minutes from North Country Hospital, I-91, restaurants, shopping, bike path, and more. Residents will enjoy both convenience and the charm of a growing community. Adding a touch of character, each street in this development is named after U.S. presidents and generals. Don't miss this one-of-a-kind opportunity to shape the future of Newport by bringing much-needed housing and investment to the area. With infrastructure and approvals already in place, the path is clear for your next development venture. *Home Act S.100-Expansion of multi-unit housing: The law essentially bans single-family-only zoning statewide. It requires municipalities to: Allow duplexes wherever single-family homes are permitted and permit up to four-plexes on lots served by municipal water and sewer. Listing agent related to seller.

0 Stonewall Street | MLS# 5069863

This commercial property located at 0 Stonewall Street, Newport City, VT 05855 is currently listed for sale with an asking price of $1,500,000. Search Newport City real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Investment
Lot Size: 8.85 Acres
Taxes: $9,723

Feature Descriptions

Days on Site: 159
Lot: In Town, Near Country Club, Near Golf Course, Near Paths, Neighborhood, Near Public Transportatn, City Lot, Near Hospital, Near ATV Trails
Sale Inclusions: Land Only
Sewer: Public Sewer On-Site
Water: Public Water On-Site
Zoning: Yes - Newport City

Listed By / Shown By

Listed By

Agency Name: Jim Campbell Real Estate
Agency Phone: 802-334-3400
Agent Name: MyKayla Tanguay

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