119 Clermont Terrace Newport City, VT $ 650,000
119 Clermont Terrace
$ 650,000
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119 Clermont Terrace

Newport City, VT, 05855
$ 650,000
Baths0.0 Sq 35,244

Monthly Estimate*

$ 4,320

Listed by Constance Isabelle, Century 21 Farm & Forest, 802-274-2149, connie@farmandforest.com
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Studio

Commercial Property for sale in Newport City, VT

for $650,000. This 35,244 square foot building was built in 1952 on a lot size of 8.51.

The former Sacred Heart School and Convent has rich history and is a landmark in the City of Newport. The property sits on over 8 acres that look over Lake Memphremagog and feature a large open athletic field, a 35,322 sq ft school building, a 12,708 sq ft convent, commercial grade kitchens, a chapel, large common areas and a total of 35 bedrooms. Both buildings also have partially finished basements. A third building holds a garage and additional dormitory space. This prime historic site is in close proximity to downtown Newport’s shopping and dining, the Gateway Center and Marina as well as the boardwalk along the lakeshore. The open acreage and its existing buildings hold much potential for development of senior housing, scholastic or retreat center, and other similar uses. Investors and Developers…this is great opportunity to create a state of the art facility within the region!

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Commercial Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,997

Style

Opportunity

Lot Size

8.51

Year Built

1952

Town/City

Newport City

County/Region

Orleans

MLS | Web ID

4477989

Features
Interior
Basement Description Climate Controlled Concrete Floor Full Partially Finished Storage Space
Basement Yes
Heating Fuel Coal Oil Other
Total Number of Units 3
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General
Road Frontage TBD
Sewer Public
Heating Multi Zone
Cooling Multi Zone
Utilities Cable - Available Other
Roof Other Shingle Tar and Gravel
Parking Garage Parking Spaces 21+ Paved
Flood Zone No
Zoning U Residential
Status Active
Year Built 1952
Construction Status Existing
Assessment Amount 1019400
Tax Year 2019
Building Name Former Sacred Heart
Area VT-Orleans
Seasonal No
Area Description Neighborhood Suburban
Price Per Sq Ft Total 18.44
Tax Gross Amount 11997.92
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Exterior
Foundation Other
Lot Size Area 8.51
Water Body Name Memphremagog Lake
Water Body Type Lake
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* Excluded Features
List By
Constance Isabelle

Listing Agent

Century 21 Farm & Forest

Broker

(802) 274-2149

Phone

connie@farmandforest.com

Email

Affordability Calculator

$5,320
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
$1,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$650,000 Listed Price

Map


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119 Clermont Terrace, Newport City, VT, 05855 is a Commercial Property for sale at $650,000 with 35,244 sqft and a lot size of 8.51. 119 Clermont Terrace is a studio with 0.0 baths and was built in 1952. The property's zip code is 05855 which is in Newport City, VT