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283 - 287 Broadway 4,352 SF Retail Building Newport, RI 02840 $1,999,000 ($459.33/SF)



EXECUTIVE SUMMARY
Great opportunity to own a special unique commercial property on Broadway with a large first floor high visibility retail space and a beautiful newly finished apartment on the second floor. This building was built in 2012 and is in beautiful condition and ready for it’s next owner. The apartment upstairs is move in ready with one level living and quality stylish finishes throughout including an open floorplan, gourmet kitchen with large pantry, laundry, fireplace, quality flooring and large bedrooms with en-suite bathrooms. The retail space is wide open and ready for just about any business and has 2 bathrooms.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,352 SF
Building Class
B
Year Built
2012
Price
$1,999,000
Price Per SF
$459.33
Tenancy
Single
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.25
Lot Size
0.08 AC
Zoning
LB - Commercial
Parking
4 Spaces (0.92 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Signalized Intersection
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | NEWP-000011-000000-000066 | Improvements Assessment | $967,500 |
| Land Assessment | $313,900 | Total Assessment | $1,281,400 |
PROPERTY TAXES
Parcel Number
NEWP-000011-000000-000066
Land Assessment
$313,900
Improvements Assessment
$967,500
Total Assessment
$1,281,400
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283 - 287 Broadway
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