Active
312 Broadway
Newport RI, 02840
$2,850,000
$452.09 per sqft
Active
6,304 sqft
Commercial
Built in 1966
Centrally Located on Broadway. Currently a 100% occupied and has three commercial retail units & eight residential apartments. The building has (3) one bedrooms, (2) three bedrooms, (2) four bedrooms and (1) studio apartment. Rental rates are under market value. Income & Expense figures are based on monthly income & expenses. Updated commercial fire alarm & sprinkler system. All utilities are separate and paid by the Tenants except the city water & sewer. Twelve Off Street Parking Spaces. Recently replaced siding on east side of building. Ideal for a condo conversion.
1321953
MLSⓇ ID
October 12, 2022
Listed
May 9, 2024
Updated
Map
312 Broadway
Newport RI, 02840
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard, Forced Air, Gas, Hot Water
Exterior/Building Features
Lot Size
0.24 Acres
Sewer
Connected, Public Sewer, Storm Sewer
Other Property Details
Taxes
$17,317
Tax Frequency
Annually
Days on Market
323
Garage
No
Parking Total
12
View
No
County
Newport
Water Source
Connected, Public
Pool
No
Zoning
LB
Buyer Agency Compensation
2.5% NS
Courtesy of Lila Delman Compass
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
©2024 State-Wide MLS, Inc. All rights reserved.
Data last updated 1:43 PM UTC, 5/9/2024.