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30 Franklin Street Newport

$850,000
0 2,461 sq ft

The Property

The historic Davis-Townsend House, built c. 1790 and located between Thames Street and Spring Street, is within walking distance of Bellevue Avenue, America’s Cup Blvd, and all of Newport’s waterfront amenities. This desirable Historic Hill location offers a wonderful opportunity for either rental/retail, a home-business or a residence for a buyer looking for a prime downtown location. Currently functioning as a busy, successful business, the Davis-Townsend House has ample space for offices, living areas and storage.

The property also includes two off-street parking spaces and a private garden area, with decks and a separate entrance. A legal two-family residence, this historic house offers many possibilities and great flexibility on each of its three large, light-filled floors. Located in the highly desirable GENERAL BUSINESS ZONE, this zone offers the most versatility for uses. Business financing may be possible, such as, SBA loans and/or grants. INVESTORS NOTE: GB zoning permits short term and nightly rentals.

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Listing Details

MLS Number

1265234

Lot Size:

0.06 acres

Features

  • Basement: Full
  • Restrooms
  • Security
  • Heating: Common, Forced Water, Gas Connected
  • Type: Accounting,Administrative and Support,Advertising,Apartment,Books/Cards/Stationary,Clothing,Florist/Nursery,Gift Shop,Jewelry,Mixed Use,Multi Family,Office,Office Building,Office Showroom,Office Supply,Professional/Office,Real Estate,Rental,Residential,Retail,Single Family-Attached
  • Year Built: 1790

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