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Property profile

174 Bellevue Ave Newport, RI 02840

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

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 profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Acupuncture
  • Medical Clinic
  • Charitable Organization
  • Real Estate Agency
  • Wedding Service Photography Service

Location

174 Bellevue Ave Newport, RI 02840
Newport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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