Newport City, VT 05855,172 Bogner DR
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Newport City, VT 05855,172 Bogner DR
Newport City, VT 05855,172 Bogner DR
Newport City, VT 05855,172 Bogner DR
Newport City, VT 05855,172 Bogner DR
Listed by Nicholas Maclure • Century 21 Farm & Forest
Bought with Constance Isabelle • Century 21 Farm & Forest

$950,000

Est. payment /mo

$1,490,000

36.2%
Est.Price: ?

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172 Bogner DR Newport City, VT 05855

46,000 SqFt

SOLD DATE : 09/27/2022

Key Details

Sold Price $950,000

Property Type Commercial

Sub Type Business,Industrial,Office,Opportunity,Other

Listing Status Sold

Purchase Type For Sale

Square Footage 46,000 sqft

Price per Sqft $20

MLS Listing ID 4931648

Sold Date 09/27/22

Year Built 1971

Annual Tax Amount $39,592

Tax Year 2021

Lot Size 25.100 Acres

Acres 25.1

Property Sub-Type Business,Industrial,Office,Opportunity,Other

Property Description

This 46,000 sq ft building sits on 25 acres in Newport, Vermont. The property has lots of potential for warehousing and/or manufacturing. The main level offers over 35,000 sq feet while the walkout lower level offers another 11,000± sq feet. The building sits proudly on a hillside overlooking Lake Memphremagog yet is not visible from Lake Road. The site received substantial permitting and infrastructure for 100,000+ sq ft expansion, which did not occur. Site work that was completed in preparation for this addition included enhanced fire protection, upgraded power, as well as increased stormwater retention capacity. This is a great opportunity to start or grow a company. There is great potential for processing & warehousing. Furthermore, the site is within a designated Foreign Trade Zone as well as the Opportunity Zone (part of the Jobs Acts & Tax Cuts), and it could also qualify for New Market Tax Credits. The building is in need of an updated HVAC system and has been priced accordingly. The parcel is on the outskirts of Newport City with good access to Interstate 91, only a few minutes from the Newport Airport and only 15 miles to the Canadian Border. Newport welcomes you!

Location

State VT

County Vt-orleans

Area Vt-Orleans

Zoning industrial

Body of Water Lake

Rooms

Basement Entrance Interior

Basement Concrete Floor, Daylight, Finished, Partially Finished, Stairs - Interior, Storage Space, Walkout

Exterior

Exterior Feature Metal

Parking Features On-Site, Paved, Unpaved

Garage Description On-Site, Paved, Unpaved

Utilities Available Multi Phone Lines, Satellite Internet, Telephone Available

Waterfront Description Yes

View Y/N Yes

View Yes

Roof Type Flat,Tar and Gravel

Building

Lot Description City Lot, Lake View, Open, Sloping, Wooded

Foundation Concrete

Sewer Public

Water Public

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PrimeMLS
agent

Gail Beardmore

License Partner/Broker | License ID: 081.0004359

+1(802) 236-5431

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