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    174 Bellevue Ave Newport, RI 02840

    Sponsored
    For Lease
    $34 SF/Yr

    Historic Newport Office Space Available

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Travers Block, a landmark commercial building situated at the corner of Bellevue Avenue and Memorial Boulevard in Newport, Rhode Island, offers several office spaces for lease. These upper-level suites are part of a vibrant community of approximately 50 diverse businesses, including architects, contractors, therapists, and wedding planners. The available spaces are traditional, executive, and creative office suites, ranging from 100 to 300 square feet. Multiple tenancy options are available to accommodate various business needs. The building boasts a prime location and historic charm, adding to its appeal. A significant advantage is the inclusion of utilities in the lease price; tenants only need to arrange for their internet service. Please be aware that off-street parking is not provided with these suites. This presents a unique opportunity to establish a presence in a highly desirable and established Newport business district within a building rich in character and history. The flexible space options cater to a wide range of businesses seeking a prestigious and convenient location. Inquire today to learn more about available suite sizes and lease terms.

    Property Features for 174 Bellevue Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF

    Unit(s) available at that property

    Space
    Unit 304-A
    Size
    100 SF
    Rate per SF
    $48
    Space
    Unit 303
    Size
    300 SF
    Rate per SF
    $34
    Space
    Unit 311
    Size
    300 SF
    Rate per SF
    $34
    Space
    Unit 302
    Size
    300 SF
    Rate per SF
    $42

    HighLights

    • Travers Block offers multiple tenancy options.
    • Four office spaces are currently available, ranging from 100 to 300 square feet.
    • Located at the corner of Bellevue Avenue and Memorial Boulevard in Newport, RI.
    • Building features historic charm.
    • Utilities are included in the lease.
    • No off‑street parking is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.308434980552
    Latitude
    41.483575793087

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    Nearby Similar for Lease

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      Office Space in Newport

      Office space available for rent in Newport, Rhode Island.
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    FAQs

    What type of property is this?
    Office space - Historic Newport Office Space Available
    Where is this office space located?
    The property is located at 174 Bellevue Ave Newport, RI.
    What is the lease rate?
    The lease rate is $34-$48 SF/Yr.
    What are key features of this property?
    This property features: Travers Block offers multiple tenancy options.; Four office spaces are currently available, ranging from 100 to 300 square feet.; Located at the corner of Bellevue Avenue and Memorial Boulevard in Newport, RI.
    Request Owner's contact information
    174 Bellevue Ave Newport, RI 02840
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    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
    174 Bellevue Ave Newport, RI 02840
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