$425,000

For sale in Newport, VT. A versatile standalone commercial building offering approximately 5,550 sq.ft. of space on 1.27 acres. The first floor spans about 4,400 sq.ft. and includes four large classrooms, eight offices, a kitchen area, and four handicap-accessible bathrooms. The building is fully wheelchair accessible and features 36" fire-rated doors throughout for safety and code compliance. The second floor offers an additional 1,150 sq.ft. that could be used as office space or converted to an apartment, though it will need some cosmetic updates. Recent upgrades include new siding, a new shingled roof, updated flooring on the main level, fresh interior paint, and many new windows. Formerly used as a school and previously as a grocery store, this flexible space is ideal for a wide range of uses such as daycare, professional offices, senior housing, light manufacturing, religious or recreational use, located in Newport City’s Urban Residential (UR) zoning district. Features include ample parking, public water and sewer, and existing fire and security alarm systems. Conveniently situated within walking distance to downtown, this property offers outstanding potential for both investors and owner-users.