Commercial for Sale: 119 Clermont Terrace, Newport City, VT 05855

$650,000
$650,000
119 Clermont Terrace, Newport City, VT 05855
$650,000
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Price:
$650,000
$100,000 - 01/06/2022
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 8.51 acres
Year Built 1952
Taxes Paid $11,997
City Newport City
County Orleans
MLS 4477989
Status Pending
DOM 3,114 days
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!

Lot & Building Features

Utilities Cable - Available, Other
Construction Brick Exterior, Vinyl Siding, Other
Cooling Multi Zone
Heat Source Coal, Other, Oil
Heating Multi Zone
Parking Description Garage, Paved, Parking Spaces 21+
Sewer Public
Tax Year 2019
Taxes Paid $11,997
Water Private
Basement Description Climate Controlled, Storage Space, Partially Finished, Full, Concrete Floor
Foundation Other
Roof Other, Tar and Gravel, Shingle

Price History of 119 Clermont Terrace, Newport City, VT

Date Name Price Difference
01/06/2022 Price Adjustment $650,000 13.33%
03/12/2021 Price Adjustment $750,000 3.23%
03/14/2020 Price Adjustment $775,000 6.06%
02/12/2018 Price Adjustment $825,000 31.25%
03/23/2016 Listing Price $1,200,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 119 Clermont Terrace, Newport City, VT

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Photo of Kevin Cooper
Direct: 603-657-6787
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Century 21 Farm & Forest, Constance Isabelle
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1.8458338461538%
6.75%
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119 Clermont Terrace (MLS #4477989) is a commercial listing located in Newport City, VT. This commercial listing is on a lot of 370,696 sqft (or 8.51 acres) and is 72 years old. This property was listed on 03/15/2024 and has been priced for sale at $650,000.

Nearby zip codes are 05825, 05829, 05855 0000, 05857 and 05872. This property neighbors other cities such as Coventry, Derby, Irasburg and Newport Town.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Century 21 Farm & Forest

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 11/13/2024