Retail Space in Central Newport Location - Brick Market

Retail-Commercial for Sale
Catylist Listing ID: 30442323
Building Status: Proposed
Building Size (RSF): 783 SF
Gross Building Area: See Agent
Sale Price: $175,000
Unit Price: $223.50 PSF
Property Use Type: Investment, Business
Building Name: Brick Market
Sale Terms: Other
Auction License Number: N/A
Last Updated: 9/5/2019

Overview / Comments

Welcome to 203 Goddard Row! New to market, a retail condo in Newport's famed Brick Market on Thames Street. Fantastic foot traffic with proven retail sales history. Unit is excellent condition with large basement for storage of stock. Brick Market is a magnet for the cruise ship guests, tourists and locals. Year round business, as Newport is constantly expanding its festivals. Christmas in Newport is routinely written up in travel journals, local and statewide papers, and The New York Times. This unit comes with one non-reserved parking space in the BMP private lot. The time to start your own business is now, and this is the unit to do it. Schedule your personal tour today!

Additional Details

Nearest MSA: Providence-Warwick
County: Newport
Taxing Authority: Newport
Tax ID/APN: NE 24 10
Zoning: GB
Retail Clientele: General, Business, Tourist, Recreation, Other
Property Located Between: Thames Street & Americas Cup Avenue
Property Visibility: Good
Largest Nearby Street: Americas Cup Avenue
Highway Access: Within minutes of the Pell Newport Bridge
Site Description: Paved lot, underground utilities, water-view
Area Description: Downtown Newport
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1974
Roof Type: Arched
Construction/Siding: Other
Exterior Description: Store Front
Total Parking Spaces: 1
Parking Type: Other
Parking Description: Public Lot
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central, Heat Pump
Air Conditioning: Other
Internet Access: Other
Zoning Description: GB
Water Service: Other
Sewer Type: Other
Legal Description: Monthly fees $488.12 Merchant monthly fees - if office, option not to pay $99.07 Taxes $2,814.74

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,399 38,792 49,522
Median Age: 40.74 40.59 41.74
Households: 6,658 16,685 21,166


Photograph of Listing Agent

The Chad Kritzas Team

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