8 - 10 Broadway, Unit#1 Newport

$875,000
0.4 2,100 sq ft

The Property

Broadway Restaurant/Nightclub opportunity!!! Become part of the transformation of this property at 8-10 Broadway in Newport. 4200 square feet total of General Business zoned space on trendy Broadway available. Basement and street levels offer 2100 square feet each, both with fully integrated sprinkler system. Currently, space partially gutted and ready for a new vision.

Full liquor license included in the sale. Building recently undergone extensive renovations, including structural improvements, new roof, front and rear façade and entrances. Build to suit the Restaurant/Nightclub of your dreams. Top two residential floors not included in the sale. Condominium docs available upon request. Pictures shown form previous tenant.

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Listing Details

MLS Number

1218682

Lot Size:

0.05 acres

Features

  • Basement: Full
  • Shingles
  • Heating: Forced Air
  • Heating Fuel: Gas
  • Type: Other
  • Year Built: 1893

Market Trends for Condos
in Newport

  • Overview
    Homes for Sale Today61-72.8% decrease in inventory
    New on Market *1455.6% increase in new listings
    Avg. Asking Price/Sq.Ft. *$434.97$99 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$470,917$67,306 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.31%0.6% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$441.32$111 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *12024 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?

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

Listed by Gustave White Sotheby's Realty

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