227 Goddard Row, Newport RI 02840, Newport, Commercial/Business

$ 232,000
227 Goddard Row, Newport RI 02840, ,
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Overview

  • Updated On:
  • March 30, 2023

Description

Welcome to this exceptional opportunity to own a commercial condo unit in the heart of downtown Newport, RI. This street level corner unit consists of 898 square feet and boasts high visibility. The unit has been recently renovated and has a full basement, ideal for storage with access from within the unit. The surrounding area is home to a variety of successful businesses, including retail shops, restaurants, and cafes, making it an ideal location for a business to thrive. This commercial condo unit is already income producing, with a tenant in place and generating a steady stream of revenue. Take advantage of this opportunity to own a highly visible and profitable corner unit in a prime location in the heart of downtown Newport, RI.

Address: 227 Goddard Row, Newport RI 02840
City:
State/County:
Zip: 02840
Country: US
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Property Id : 137962
Price: $ 232,000
Association Fee: 626.55
Association Fee Frequency: Monthly
Bridge Modification Timestamp: 2023-03-30T15:02:36.964Z
Building Area Total: 898
Building Features: Restrooms
Business Name: DripBar Newport
Business Type: Accounting,Administrative and Support,Advertising,Arts and Entertainment,Assembly/Meeting Place,Books/Cards/Stationary,Candy/Cookie,Doughnut,Financial,Gift Shop,Health Services,Jewelry,Pet Store,Street Retail
Buyer Agent Email: justinek@remaxnewportri.com
Buyer Agent Full Name: Fitzpatrick Team
Buyer Agent MlsId: 33785
Cap Rate: 8.6
Construction Materials: Brick
Contract Status Change Date: 2023-03-30
Cooling: Central Air
Door Features: Loading Door: Ground Level,6-9 Ft
Electric: 150 Amp Service
Lease Expiration: 2024-09-30
List Agent Direct Phone: 401-533-1231
List Agent Email: morgan@our-realestate.com
List Agent Full Name: Morgan Gabriele-Bucki
Listing Contract Date: 2023-03-17
Listing Id: 1331624
Living Area Units: Square Feet
Lot Features: Downtown
Lot Size Area: 898
Lot Size Square Feet: 898
Lot Size Units: Square Feet
Mls Status: Act Und Contract
Modification Timestamp: 2023-03-30T14:53:12.420Z
Number Of Buildings: 1
Number of Units in Community: 1
Number of Units Total: 1
Occupant Type: Tenant
Original Entry Timestamp: 2023-03-17T18:38:20.920Z
Original List Price: 232000
Owner Pays: Association Fees
Parking Total: 1
Possible Use: Commercial
Road Frontage Type: High Traffic,Sidewalks
Sewer: Public Sewer,Public Connected
State or Province: RI
Status Change Timestamp: 2023-03-30T14:09:34.180Z
Stories Total: 1
Street Name: Goddard Row
Street Number: 227
Tax Annual Amount: 2542
Tax Year: 2023
Year Built: 1974
Years Current Owner: 2
Other Features
Ceiling Height: 7-9 Ft
Has Cooling System
$ 899.51
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 899.51

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Alyse Antone Smyth, Esq.