440 Broadway, Newport, RI 02840

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List Price
$1,175,000
Status
ACTIVE
MLS#
1423457
Year Built
1935
Style
Stacked
Bedrooms
2
Bathrooms
2
Acres
0.12

Property Description

Rare mixed-use opportunity in the heart of Newport's vibrant Broadway district. Prominently positioned on a highly visible corner lot, 440 Broadway offers a versatile combination of commercial and residential space in one of the city's most desirable and walkable neighborhoods. The first-floor professional office space will be available this fall, offering an ideal opportunity for a business owner to establish a presence in this thriving commercial corridor while benefiting from residential income above. The second-floor unit features two bedrooms and one bath with hardwood floors, high ceilings, abundant natural light, and a private deck. Additional features include a detached two-car garage, two additional off-street parking spaces, private yard, full basement, and walk-up attic. Ideal for an investor, business owner, or owner-occupant, the property also offers potential for conversion back to a single-family residence, subject to applicable approvals. A unique and flexible opportunity in the heart of Newport. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents an incredible opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.

Additional Information

Taxes
$5,530
Lot Size
5,009
Interior Features
Attic, Interior Steps, Permanent Attic Stairs, Storage, Tub Shower
Flooring
Carpet, Ceramic Tile, Hardwood
Heating
Oil, Radiant
Cooling System Type
None
Sewer
Connected, Public Sewer
Water Source
Connected, Public
Appliances
Oil Water Heater
Basement
Full, Interior Entry, Unfinished
Garage Spaces
2
Parking Spaces
4

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Listing courtesy of Compass. Contact: 608-628-9283

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