Property Showcase

1 Main StreetNewport, VT 05855 0

$250,000
Commercial
Status: Active
  • Sqft:
  • MLS#: 4764624
44.9362907409668-72.206588745117188
Courtesy Of Nicholas Maclure , Century 21 Farm & Forest

Description:

Here is your opportunity to own a historic cosmetology business in Newport Vermont with over 75 years of history. This shop is the largest in the area and features 10 hair dressing stations, 4 wash stations, 3 dryers, 3 pedicure chairs, 3 manicure stations, a styling station, a massage room, waiting area, half bath, a kitchen, and an upper level office and storage area. A substantial renovation of the building and equipment was completed in 2010. This renovation included updated wiring, heating, flooring, paint and almost all new equipment. The salon is located on the busiest section of Main Street with over 14,000 cars per day giving this business optimal exposure and its customers convenience. Customers also appreciate the covered, zero step entry, front and rear parking, a comfortable waiting area, and views of Lake Memphremagog. The salon is situated in a 3 unit condo building and this unit consists of 34.4% of the building. Condo fees are only $100 per month. The current owners are willing to assist with a transition into new ownership. The business, equipment, inventory and real estate are offered for $250K or the business, equipment and inventory could be purchased for $75K and the Real Estate Leased from the current owners.

Main Features:

Listing Status Active Year Built 1969
County Orleans County Tax Year 2018
Rental Price $0

Additional Features:

Access City Street
Paved
Public Transportation
Accessibility Features 1st Floor 1/2 Bathroom
3 Ft. Doors
Access Common Use Areas
Access Parking
Accessibility Features
No Stairs from Parking
One-Level Business
Zero-Step Entry Ramp
Basement No
Basement Details Concrete
Concrete Floor
Slab
Body of Water Lake
Commercial Features Furniture Included
Inventory Included
Construction Steel Frame
Cooling Central AC
Covenants Yes
Electric 200 AMP
Circuit Breaker(s)
Equipment Air Conditioner
Exterior Vinyl Siding
Foundation Slab - Concrete
Heating Forced Air
Hot Air
In Ceiling
Heating Fuel Gas - LP/Bottle
Lot Description City Lot
Lake View
LEVEL
Major Road Frontage
Neighbor Business
Sidewalks
Street Lights
Trail/Near Trail
Walking Trails
Water View
Natural Gas No
Parking Driveway
On Street
On-Site
Property Subtype Business
Business w/ Real Estate
Hospitality
Office
Opportunity
Retail
Storefront
Roof Membrane
Sale Includes Equipment
Inventory
Land/Building/Business
Seasonal No
Sewer PUBLIC
Sqft Source Municipal
Water Public

Extra Features:

Building Num 3 Deed Book 197
Deed Page 262-264 Electric Service Provider VT Electric Co-Op
Lot Size Sq Ft 13068 LP Per SQFT 34.41
Road Frontage 113 Square Footage Total 7266
Total Acres 0.3

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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.
Information deemed reliable but not guaranteed.
Copyright© 2020 New England Real Estate Network. Inc. All Rights Reserved.
Last Updated On: 10/31/2020 8:06:30 PM

1 Main Street, Newport, VT 05855

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Portal feed New England Real Estate Network Logo

Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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.
Information deemed reliable but not guaranteed.
Copyright© 2020 New England Real Estate Network. Inc. All Rights Reserved.
Last Updated On: 10/31/2020 8:06:30 PM

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