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Executive Summary

Presenting a professional office condo available in the Old Beach Professional Building, situated just off Bellevue Avenue and less than one mile from the heart of downtown Newport. This second-floor unit provides a refined setting for a wide range of business uses. The building features convenient on-site parking, a rare and valuable amenity in this prime Newport location. Whether you're an established firm or a growing practice, this is an exceptional opportunity to own your professional space in one of Rhode Island's most desirable communities.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 5
  • 718 SF
  • Office
  • $295,000 ($410.86/SF)
  • -
Sale Type Owner User
Sale Status Under Contract
Description
Presenting a professional office condo available in the Old Beach Professional Building, situated just off Bellevue Avenue and less than one mile from the heart of downtown Newport. This second-floor unit provides a refined setting for a wide range of business uses. The building features convenient on-site parking, a rare and valuable amenity in this prime Newport location. Whether you're an established firm or a growing practice, this is an exceptional opportunity to own your professional space in one of Rhode Island's most desirable communities.
*Note: there is a tenant in place on a lease until 6/30/26
Sale Notes
Presenting a professional office condo available in the Old Beach Professional Building, situated just off Bellevue Avenue and less than one mile from the heart of downtown Newport. This second-floor unit provides a refined setting for a wide range of business uses. The building features convenient on-site parking, a rare and valuable amenity in this prime Newport location. Whether you're an established firm or a growing practice, this is an exceptional opportunity to own your professional space in one of Rhode Island's most desirable communities.
*Note: there is a tenant in place on a lease until 6/30/26
Unit Unit Size Condo Use Price NOI
Unit 5 718 SF Office $295,000 ($410.86/SF) -

Unit 5

Unit Size
718 SF
Condo Use
Office
Price
$295,000 ($410.86/SF)
NOI
-

Unit 5

Unit Size 718 SF
Condo Use Office
Price $295,000 ($410.86/SF)
NOI -
Sale Type Owner User
Sale Status Under Contract
Description
Presenting a professional office condo available in the Old Beach Professional Building, situated just off Bellevue Avenue and less than one mile from the heart of downtown Newport. This second-floor unit provides a refined setting for a wide range of business uses. The building features convenient on-site parking, a rare and valuable amenity in this prime Newport location. Whether you&#39;re an established firm or a growing practice, this is an exceptional opportunity to own your professional space in one of Rhode Island&#39;s most desirable communities.<br> *Note: there is a tenant in place on a lease until 6/30/26</li></ul>
Sale Notes
Presenting a professional office condo available in the Old Beach Professional Building, situated just off Bellevue Avenue and less than one mile from the heart of downtown Newport. This second-floor unit provides a refined setting for a wide range of business uses. The building features convenient on-site parking, a rare and valuable amenity in this prime Newport location. Whether you&#39;re an established firm or a growing practice, this is an exceptional opportunity to own your professional space in one of Rhode Island&#39;s most desirable communities.<br> *Note: there is a tenant in place on a lease until 6/30/26</li></ul>

Property Facts Under Contract

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 3,421 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class C
Floors 2
Typical Floor Size 359 SF
Year Built 1985
Lot Size 0.36 AC
Parking Ratio 6.96/1,000 SF
Zoning R10

Amenities

  • Atrium
  • Kitchen
  • Accent Lighting
  • Reception
  • High Ceilings
  • Recessed Lighting
  • Shower Facilities
  • Air Conditioning
  • Balcony
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 39547789

  • Date on Market: 2/23/2026

  • Last Updated:

  • Address: 15 Old Beach Rd, Newport, RI 02840

Contact the Sale Advisor

15 Old Beach Rd - 15 Old Beach Road, Unit 5

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