283 - 287 Broadway Avenue Newport

$1,800,000
4,352 sq ft

The Property

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.

There are also 4 private parking spaces out back. Come take a look!

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Listing Details

MLS Number

1385962

Lot Size:

0.08 acres

Features

  • Restrooms
  • Sprinklers
  • Commuter Bus
  • Hospital
  • Restaurants
  • Schools
  • Shopping
  • Heating: Central, Gas Connected
  • Heating Fuel: Central, Gas Connected
  • Laundry
  • Corner
  • Sidewalks
  • Downtown
  • Urban
  • Year Built: 2012

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Market Trends for Commercial Properties
in Newport

  • Overview
    Homes for Sale Today8-92.2% decrease in inventory
    New on Market *2100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$560.34$55 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$2,870,000$1,652,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *84.54%-8% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$457.81$256 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *11634 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Teri Degnan Re & Consulting

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