Building Details

Year Built 1980

Listing Agency: LILA DELMAN COMPASS Show Phone

Listed By: PATRICIA BERG Show Phone

Source: Corcoran

Added: Oct 8 Changed: Oct 10 Last Checked: Oct 12 at 7:32PM

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Investment Insights

Based on property information with market context.

This office unit at 236 Broadway in Newport dates to 1980. The space is identified for professional office use, with its Broadway address providing a clear point of reference for businesses considering the property.

Key Highlights

• 236 Broadway address in Newport, Rhode Island
• Built in 1980
• Space identified for professional office use

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Locksmith Nail Salon Carpet & Flooring Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$3.38 /SF/Yr

CAM

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 Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Located on Broadway in Newport, the space is presented for professional office use.

Where is this office units located?

The property is located at 236 Broadway Newport, RI.

What is the lease rate?

The lease rate is $1,650/Mo.

What are key features of this property?

This property features: 236 Broadway address in Newport, Rhode Island; Built in 1980; Space identified for professional office use