8.5 Acres of Improved Mixed-Use Land for Sale in Newport, Vermont
119 Clermont Ter, Newport, VT 05855
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!
Directions
Main St west onto Third St, first right onto Pleasant St, first left onto Pleasant St Ext to first left onto Clermont Terrace.
Property details
- County
- Orleans County
- Zoning
- U Residential
- Elevation
- 853 feet
- MLS Number
- NNEREN 4477989
- Date Listed
Property taxes
- 2019
- $11,998
Resources
Detailed attributes
Listing
- Type
- Commercial
- Franchise
- Century 21 Real Estate
Structure
- Roof
- Tar and Gravel
- Cooling
- Zoned A/C
- Heating
- Coal, Oil
Exterior
- Parking Spots
- 4
Interior
- Rooms
- Basement
- Features
- Spa
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 15, 2024 | Relisted | $650,000 | — | NNEREN |
| Mar 14, 2024 | Listing removed | $650,000 | — | — |
| Jan 7, 2022 | Price decrease | $650,000 | $100,000 -13.3% | NNEREN |
| Mar 12, 2021 | Price decrease | $750,000 | $25,000 -3.2% | NNEREN |
| Apr 1, 2020 | Price decrease | $775,000 | $50,000 -6.1% | NNEREN |
| Oct 16, 2019 | New listing | $825,000 | — | NNEREN |