Broadway Building for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30590295
Property Subtypes: Mixed Use, Retail-Pad, Street Retail
Building Size (RSF): 4,102 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Unit Price: $292.54 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/30/2020

Overview / Comments

8 year old commercial building located next to the Newport Hospital Campus. Until recently CVS has been the tenant. Ideal for the firm that values a high quality open floor plan building. Built in 2012 by Farrar Associates. 4 parking spaces. Second floor balcony overlooking Broadway. Amazing SBA financing for the firm that wants to make this it’s home. 10% down with 25 year amortization is available to qualified firms. See PDFs below for additional information.

Additional Details

Nearest MSA: Providence-Warwick
County: Newport
Tax ID/APN: NE 11 66

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,574 37,644 51,134
Median Age: 42.05 40.26 41.84
Households: 7,140 16,140 21,737

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