The strong market for quality commercial and mixed-use properties in downtown Newport continues to be strong as evidenced by the recent sale by Lila Delman Real Estate International of the iconic former St Joseph’s Rectory on Washington Square for $1,062,500. The mixed-use property at 39 Touro Street has 8,386 square feet of gross living area situated on a lot of 8,672 square feet currently houses three spacious and updated residential units and a first floor commercial office space with 13 on-site parking spaces. The property is centered on historic Washington Square and is strategically located between Newport’s longstanding commercial hub of Thames Street and the vibrant South Broadway area with its trendy restaurant scene.