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- LoopNet Team
172 Bogner Dr
Newport, VT 05855
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 25A, designated Foreign Trade Zone, Opportunity Zone (Jobs Acts & Tax Cuts, May qualify for New Market Tax Credits
PROPERTY FACTS
UTILITIES
- Water
- Sewer
ABOUT 172 BOGNER DR , NEWPORT, VT 05855
The parcel is on the outskirts of Newport City and has good access to Interstate 91, only a few minutes from the Newport Airport and only 15 miles to the Canadian Border. The building sits on 25 acres in Newport Vermont. The building sits proudly on a hillside over Lake Memphremagog yet is not visible from Lake Road. The site received substantial permitting and infrastructure for over a 100,000 sq foot 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. 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.
PROPERTY TAXES
| Parcel Number | 435-136-14425 | Improvements Assessment | $758,300 |
| Land Assessment | $541,700 | Total Assessment | $1,300,000 |
PROPERTY TAXES
