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23, 511 SF facility with public water/sewer available FOR SALE or FOR LEASE! Located directly across from North Country Hospital and set on a secluded 4. 62 acre parcel with mature landscaping and a large paved parking lot. Full commercial kitchen, dining lounge/cafeteria, 32 bedrooms (4 single occupancy rooms w/private bath, 28 double occupancy rooms w/shared bath), hair salon, activity room, snack room, commercial laundry room, a PT room, large nursing station, med closet, staff lounge, multiple reception areas, admin offices, washrooms, maintenance crib, storage and supply rooms, and mechanical and electrical rooms. There is a 816 SF detached 2-car garage used for maintenance/storage and a 180 SF shed. Water and sewer through the City of Newport, 3-phase power providing 400amp, 600V. Backup propane generator on-site. Wet sprinkler system. Adjacent to North Country Hospital medical complex, and in close proximity to North Country High School, Columbia Forest Products, and Prouty Beach Campground. Rec trails nearby and minutes from downtown Newport City. Zoning is "PHO" and the large 4. 62 Acre lot allows for many possible Uses include Adult Day Care, Clinics, Licensed Day Care, Religious Institutions, Schools, Dormitories, Assisted Living Facility, Condominiums, Hospitals, Offices, Nursing Homes, etc. . See Documents tab for additional zoning info.
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 PrimMLS. 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. Data last updated 5/29/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $3,325 | $3,325 | $3,325 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,084 | $4,370 | $6,069 |
| Total Monthly Payment | $7,501 | $7,787 | $9,486 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.