41.485165 -71.31384
$775,000
Active
2,798Sqft
929.00Lot Size
Commercial/Business in Newport
Desirable Franklin Street Mixed Use Property centrally located in the Business District of Historic Hill between Thames Street and Spring Street. Formerly used for the Newport Daily News including the Press. The location has a special blend of historic and commercial surroundings with high visibility & traffic yet not overly congested. Very well maintained property consists of one Retail Space 900 (sq. ft.) and a spacious Town House apartment (1898 sq.ft.) with water views of the Harbor. The first level of the second floor apartment has a full bedroom with private bath , laundry and large living room with bay windows & parquet floors. The second level of the apartment & top floor of the building has one bedroom, full bath along with an open floor plan including kitchen/dining area and office area which has spiral stairs to the roof deck overlooking the harbor plus downtown activities. The apartment has wonderful light, high ceilings and wood floors throughout ready to move in. Great Investment Opportunity with established retail tenant and excellent residential tenant already in place. Ideal location close to all that Newport has to offer. " Estate Sale Subject to Probate"
Courtesy Of RE/MAX Profnl. Newport, Inc.

Main Features

  • Listing Status: Active
  • Year Built: 1898
  • County: Newport
  • Taxes: $7,483.00
  • Zoning: GB
  • Subdivision: Historic Hill/ Harbor/Thames St
  • MLS Number:1268085

Additional Features

  • Zoning:
    • GB
  • Cooling:
    • None
  • Laundry:
    • In Building
  • Building Description:
    • Frame
    • Historic
    • Livable
    • Other
    • Residence
  • Building Features:
    • Laundry Room
    • Restrooms
  • Loading Dock:
    • None
  • Location:
    • Downtown
    • Free Standing
    • Historic
    • Urban
  • Occupied By:
    • Tenant
  • Type:
    • Apartment
    • Appliances
    • Cabinets
    • Carpet/Tile
    • Fashion/Specialty
    • Free-Standing
    • Mixed Use
    • Retail
    • Town House
    • Tri-Level
  • Basement Details:
    • Full
  • Foundation:
    • Stone
  • Acres:
    • 0.02
  • Site Description:
    • Sidewalks
    • Waterview
  • Close To:
    • Bus
    • Commuter Bus
    • Golf
    • Highway Access
    • Hospital
    • Interstate
    • Marina
    • Private School
    • Public School
    • Recreational Facilities
    • Schools
    • Shopping
    • Swimming
    • Tennis
  • Electric:
    • Circuit Breaker
    • Individual Meter
  • Heating System:
    • Baseboard
    • Common
    • Gas Connected
    • Individual Control
    • Zoned
  • Sewer:
    • Connected
    • In Fee
    • Municipal
  • Utilities:
    • Cable TV
    • Electric
    • Gas
    • Gas Connected
    • Municipal Water
    • Street Lights
  • Community Features:
    • Business Center
    • Recreation Room
    • Restaurant(s)
  • Number of Buildings:
    • 1
  • Road:
    • High Traffic
    • Municipal
    • Sidewalks
    • Street Lights
  • Water:
    • Common Meter
    • Connected
    • In Fee
    • Municipal
  • Franchise:
    • N
  • Owner Pays:
    • All Expenses
    • Electric
    • Gas
    • Heat
    • Hot Water
    • Insurance
    • Repairs
    • Roof Maintenance
    • Sewer
    • Taxes
    • Trash Services
    • Water
  • Tenant Pays:
    • Cable TV
    • Common Area Maintenance
  • Above Grade SQFT:
    • 2798
  • Building Levels:
    • 3
  • Divisable:
    • N
  • Freestanding:
    • Y
  • Lease Renewal Option:
    • Y
  • Lot Size Sq Ft:
    • 929
  • Number Of Units Leased:
    • 2
  • Use Type:
    • Mixed Use
55 Memorial Blvd #1 Newport RI 02840
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