306 Broadway AVE #306-310 Pending Save Request In-Person Tour Request Virtual Tour
Newport,RI 02840
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 6,028 sqft
Price per Sqft $219
Subdivision Broadway
MLS Listing ID 1391128
Style Victorian
Year Built 1900
Annual Tax Amount $10,817
Tax Year 2025
Lot Size 5,300 Sqft
Property Sub-Type Commercial
Property Description
Prime mixed-use property in Newport's high-visibility Broadway district. Situated on Broadway, one of Newport's most recognized commercial corridors, the property enjoys excellent visibility and easy access from downtown, residential neighborhoods, and major roadways. Broadway's eclectic mix of dining, retail, and entertainment draws both locals and visitors year-round, making it a sought-after area for tenants. Fully leased with 3 street-level commercial units, including Newport's oldest family-run pizza business, plus an updated 4-bed, 2-bath single-family residence with expansion potential, 1-car garage, and 2 off-street parking spaces. Significant improvements in the past 3 years. Strong tenant mix, 100% occupancy, and excellent signage opportunities. Turnkey, income-producing asset in Newport's sought-after coastal market. Virtual tour link provided for single family property tour.
Location
State RI
County Newport
Community Broadway
Zoning LB
Interior
Heating Gas,Steam
Cooling Central Air,1 Unit,Window Unit(s)
Inclusions Unit 306 A1 Pizza: Leased restaurant equipment is not included in the sale and remains the property of the lessor.
Laundry Common Area
Exterior
Community Features Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s),High Traffic Location,Sidewalks
Utilities Available Electricity Available,Natural Gas Available,Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected
Building
Lot Description Corner Lot
Story 3
Foundation Brick/Mortar,Concrete Perimeter
Sewer Connected,Public Sewer
Water Connected,Multiple Meters,Public
Structure Type Brick,Masonry
New Construction No
Others
Virtual Tour https://my.matterport.com/show/?m=5oehqs7LV4E