USAVTNewport0 Memorial Dr
Listing image | Image 1

0 Memorial Dr, Newport, VT

House

For Sale

Listed price in listed location currency (USD).
$349,900

000

MLS® 5110323

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $6,082
Days Active 20
Lot Size 3.21 Acres
Approx. Age 
MLS® Number 5110323

Property Address: 0 Memorial Dr, Newport, VT, 05855

Average square foot calculated using Size range provided by listing agent.

Description

Prime commercial development opportunity along the heavily traveled US Route 5 corridor between Newport and Derby. This 3.21-acre parcel offers approximately 459' of road frontage and an outstanding location in the heart of one of the Northeast Kingdom's primary retail and commercial districts. The property directly backs up to Walmart Supercenter and is just a few hundred yards from its main entrance, with North Country Federal Credit Union across Route 5, the Law Office of Gregory Howe to the east, and Green Mountain Electric to the west. The gently sloping, primarily open site offers excellent visibility and access to the Newport-Derby market, with convenient proximity to Interstate 91 Exit 28. The seller previously completed conceptual planning showing the potential for a 10, 000-square-foot retail building along with a detached 5, 000-square-foot warehouse, providing a useful starting point for evaluating future development. The Newport-Derby corridor is specifically identified by the Town of Derby for regional retail and commercial development and has become the area's primary concentration of national retailers, restaurants, financial services, professional offices, and other commercial uses. The property is also located within the service area of Foreign Trade Zone 286, which may provide potential benefits to qualifying businesses involved in importing or manufacturing. With 3.21 acres, substantial Route 5 frontage, strong traffic exposure, neighboring commercial development, and a location immediately adjacent to Walmart, this is a compelling site for retail, restaurant, office, service, warehouse, or other commercial development. Buyers should confirm proposed uses, permitting, utilities, access, and Foreign Trade Zone eligibility.
MLS® Number5110323
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 17, 2026List Date
$349,900List Price
Mar 5, 2024End Date
$85,000Sold Price

Sold

Jan 7, 2021List Date
$99,500List Price
  • Commute

Commute

Starting Address
Destination Address
0 Memorial Dr, Newport, VT

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