201 Goddard Row Row Newport, RI 02840

Property Details for 201 Goddard Row Row

Year built

1974

Property size

1,155 SF

Property type

Commercial real estate

Description

This exceptional 1,155 square foot commercial condominium, located at 201 Goddard Row, Unit 201 in Newport, Rhode Island's vibrant Brick Market Place, presents a unique investment opportunity. Situated at the north end of the row, this corner unit benefits from exceptional visibility and high foot traffic. The property is part of a thriving complex featuring 25 retail and office condominiums, offering a bustling atmosphere. Enjoy convenient access to ample public parking and stunning Newport Harbor views. The unit boasts a versatile open floor plan, easily adaptable to various business needs, and includes a full basement of equal size (1,155 sq ft). A secure parking space is also included. The property's prime location places it directly adjacent to Perrotti Park, where numerous cruise ships dock from April to November (63 scheduled in 2024), bringing thousands of visitors to the area. September and October are particularly busy months. Across the street lies the historic Washington Square, with its eclectic mix of boutiques, restaurants, and the renowned Jane Pickens Art House. The courtyard features Gap and Banana Republic stores and often hosts live music. The Brick Market merchant association actively promotes the area, fostering a strong sense of community and attracting both residents and tourists. The condo fee for 2024 is $869.67 per month, and the Brick Market merchant association fee is $141.06 per month. The current owner has successfully operated a business from this location since May 1999. This is a rare chance to own a thriving commercial space in one of Newport's most desirable locations. The dual entrances on Goddard Row and Swans Row provide excellent accessibility.

Location Insight

City

Newport

County

Newport

State

Rhode Island

Longitude

-71.3157

Latitude

41.4894