Downtown Newport Mixed-use building
Office
for Sale
| Catylist Listing ID: |
30344156 |
| Property Subtypes: |
Mixed Use
|
| Building Size (RSF): |
14,522 SF
|
| Gross Land Area: |
3,485 SF
|
| Sale Price: |
$3,200,000 |
| Unit Price: |
$220.36 PSF |
| Property Use Type: |
Investment |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/28/2021 |
Overview / Comments
|
Literally front and center, this building faces gorgeous Newport Harbor near the corner of America’s Cup, Thames and Mill. The building houses a full restaurant, two floors of customized loft office space with incredible brick walls and open ceilings. Beautiful views of the wharves and Newport Harbor. This is an amazing rare opportunity to own a beautiful piece of Newport history.
|
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Newport |
| Zoning: |
GENERAL BUSINESS- SEE ATTACHED ZONING INFORMATION |
| Airports: |
30 Minutes to TF Green Airport |
| Area Description: |
Downtown Newport, Waterfront area |
| Total Number of Buildings: |
1 |
| Number of Stories: |
4 |
| Year Built: |
1894 |
| Roof Type: |
Other |
| Parking Description: |
No parking association with building |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Other |
| Zoning Description: |
See attachment |
| Lot Frontage: |
35 feet |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,196 |
38,792 |
49,522 |
| Median Age: |
40.58 |
40.59 |
41.74 |
| Households: |
6,577 |
16,685 |
21,166 |
|
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