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    38 Bellevue Ave, Unit Z Newport, RI 02840

    For Sale
    Contact for pricing

    COMMERCIAL - Newport, RI

    Type:Office
    Lot size:
    1.50 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 38 Bellevue Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Security features
    Security
    Rooms
    Basement
    Parking
    3
    Lot size
    1.50 Acres

    Utilities

    Heating system
    Central, Heat Pump (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    1900
    Floors in Building
    1
    Number of units
    1
    Building materials
    Brick, Masonry

    BHHS Commonwealth RE (508) 810-0700 [email protected]

    Listing agent Barry Alofsin (401) 345-3100

    Listing date Dec 2, 2025

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bellevue Avenue Retail/Office Space

    Located on Bellevue Avenue in Newport, Rhode Island, this commercial space is suitable for retail or office use. Situated in the historic Bellevue Avenue district, the property is across from the Viking Hotel and near the courthouse. The space is located in the landmark Meunching King Building (MK Building), noted for its architecture. The commercial space has been remodeled and features an entrance with a new awning. The layout is customizable and suited for boutiques, salons, galleries, or professional offices such as law firms. The location is near luxury hotels, dining options, and shops, with foot traffic from locals and visitors. The lot size is 1.5 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.308759
    Latitude
    41.487038

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    FAQs

    What type of property is this?
    Office space - Prime Newport location ideal for retail or professional office use.
    Where is this office space located?
    The property is located at 38 Bellevue Ave, Unit Z Newport, RI.
    What is the asking price?
    The asking price for this property is $17.
    What are key features of this property?
    This property features: - Prime location on Bellevue Avenue in Newport's historic district.; - Located in the landmark Meunching King Building (MK Building) with classic architecture.; - Fully remodeled commercial space designed to impress clients and customers.
    (401) 345-3100
    Request Owner's contact information
    38 Bellevue Ave, Unit Z Newport, RI 02840
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38 Bellevue Ave, Unit Z Newport, RI 02840
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