Mixed-Use Building with Coffee
For Sale
Contact for pricing
Pending
2 Pond Ave, Newport, RI 02840
The property combines a first-floor coffee shop with loft-style residential units under General Business zoning.
Property SizeContact for details
Days on Market141
Property Features for 2 Pond Ave
General Information
Standard status
Pending
Property subtype
Multifamily, Hospitality
Listing Agency:
Hogan Associates
(401) 845-9500
Listed By:
Jeff Brooks · License #RI RES.0034174
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 2:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hogan Associates
Investment Insights
Based on property information with market context.
This mixed-use building at 2 Pond Ave includes a first-floor coffee shop tenant and two loft-style apartments above. The residential units have a history of rental use, while the property’s General Business zoning provides a commercial framework for the existing configuration. Building improvements include updated siding, mini-splits installed for each unit, a newer rubber roof, and newer windows.
The property is located in Newport’s Broadway District in a downtown neighborhood and sits adjacent to Equality Park. Its combination of commercial occupancy, residential units, and maintained building systems creates a varied-use asset within an established urban setting.
The property is located in Newport’s Broadway District in a downtown neighborhood and sits adjacent to Equality Park. Its combination of commercial occupancy, residential units, and maintained building systems creates a varied-use asset within an established urban setting.
Key Highlights
- First‑floor coffee shop tenant with two loft‑style apartments above
- General Business zoning
- Two loft‑style apartments with a history of rental use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,755
Businesses Nearby
Explore this area
Business Placement
Demographics for 02840, RI
23,902
Population
13,515
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
3,274
Density / Sq Mi
$83,515
Median Household Income
$41,228
Median Earnings
$1,610
Median Rent
$669,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a first-floor coffee shop with loft-style residential units under General Business zoning.
Where is this mixed-use property located?
The property is located at 2 Pond Ave Newport, RI.
What are key features of this property?
This property features: First‑floor coffee shop tenant with two loft‑style apartments above; General Business zoning; Two loft‑style apartments with a history of rental use
