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$600,000

  • Sold
  • Closed
  • Commercial
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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!

Full Property Details for 119 Clermont Terrace

General

  • Sold For: $600,000
  • Taxes: $11,997 (2019)
  • Status: Closed
  • Type: Commercial
  • Source: PrimeMLS
  • MLS ID: 4477989
  • Added to Site: 1, 457 day(s) ago

Parking

  • Parking: Garage, Parking Spaces 21+, Paved

Location

  • County: Orleans
  • Driving Directions: Main St west onto Third St, first right onto Pleasant St, first left onto Pleasant St Ext to first left onto Clermont Terrace.

Heating & Cooling

  • Cooling Type: Multi Zone
  • Heating Type: Multi Zone, Other, Coal, Oil

Utilities

  • Sewer: Public

Structural Information

  • Construction Status: Existing
  • Basement Entrance: Interior
  • Basement Desc.: Climate-Controlled, Concrete Floor, Full, Partially Finished, Storage Space
  • Roof: Other, Shingle, Tar and Gravel
  • Square Feet: 35,244
  • Finished Total: 35,244 Sq. Ft.
  • Year Built: 1952

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 8.51
  • Lot Size (Sq. Ft.): 370,696
  • Frontage: TBD
  • Zoning: U Residential

Water Features

  • Water View: Yes
  • Water Front Type: Lake

Financial Considerations

  • Price Per Sq. Ft.: $17.02
  • Price Per Acre: $141,010
  • Assessment Year: 2019
  • Assessment Amount: $1,019,400
  • Tax Amount: $11,997.92
  • Tax Year: 2019

Disclosures and Reports

  • APN: 435-136-15934

Listed by Century 21 Farm & Forest, Constance Isabelle
Sold by Century 21 Farm & Forest, Nicholas Maclure

Listed by Century 21 Farm & Forest, Constance Isabelle
Sold by Century 21 Farm & Forest, Nicholas Maclure

Listing agent

— 119 Clermont Terrace —

  • Constance Isabelle

    Century 21 Farm & Forest

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 119 Clermont Terrace

Date
Details
Price
Change
Source
11/19/2024
Sold
$600,000
-7.69%
MLS
1/20/2022
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Century 21 Farm & Forest, Constance Isabelle
Sold by Century 21 Farm & Forest, Nicholas Maclure

119 Clermont Terrace, Newport City, VT 05855 (MLS# 4477989) is a Commercial property that was sold at $600,000 on November 19, 2024. Want to learn more about 119 Clermont Terrace? Do you have questions about finding other Commercial real estate for sale in Newport City? You can browse all Newport City real estate or contact a Coldwell Banker agent to request more information.