440 Broadway, Newport, RI 02840

$1,175,000

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List Price
$1,175,000
MLS#
1423458
Status
ACTIVE
Type
Commercial
City
Newport
County
Newport
Year Built
1935

Property Description

Rare mixed-use opportunity in the heart of Newport's vibrant Broadway district. Prominently positioned on a highly visible corner lot, 440 Broadway offers a versatile combination of commercial and residential space in one of the city's most desirable and walkable neighborhoods. The first-floor professional office space will be available this fall, offering an ideal opportunity for a business owner to establish a presence in this thriving commercial corridor while benefiting from residential income above. The second-floor unit features two bedrooms and one bath with hardwood floors, high ceilings, abundant natural light, and a private deck. Additional features include a detached two-car garage, two additional off-street parking spaces, private yard, full basement, and walk-up attic. Ideal for an investor, business owner, or owner-occupant, the property also offers potential for conversion back to a single-family residence, subject to applicable approvals. A unique and flexible opportunity in the heart of Newport. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents an incredible opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.

Additional Information

Cooling
None
Sewer
Connected, Public Sewer
Taxes
$5,530
Community Features
Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Restaurant, Shopping, Tennis Court(s), High Traffic Location, Street Lights, Sidewalks

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Compass. Contact: 608-628-9283

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