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Property profile & analytics
OFF-MARKET
Showrooms

162 Broadway Newport, RI 02840-7751

2,435 SF 0.07 ac lot Built 1930
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US76-0029974
Property summary
AI-generated overview

This stunning 205 sq ft executive office space at 162 Broadway, Unit 3, Newport, RI 02840, is available for immediate occupancy. Located in the vibrant Broadway neighborhood, this pristine, newly renovated office boasts an ensuite bathroom and one dedicated parking spot – a rare find in this desirable location. The building, constructed in 1900, offers a blend of historic charm and modern convenience. This single-unit office is part of a multifamily property, ensuring a quiet and professional work environment. The asking price is $1,900. All utilities are included, except for internet. Water, electricity, refuse removal, and grounds keeping are all covered in the rental price. The convenient location places you steps away from a variety of businesses and restaurants, making it an ideal location for professionals seeking a productive and well-situated workspace. The lot size is 0 sq ft, reflecting the building's integration within the established neighborhood. This is a unique opportunity to secure a highly desirable office space in the heart of Newport.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,435 SF
Lot 0.07 ac (3,084 SF)
Zoning code GB
APN NEWP M:018 B:0172
UPID US76-0029974
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Caleb Propco LLC · 1 yrs held
Caleb Propco LLC
since 2025
Last sale
$1.7M
7 recorded transactions
2025
$1.7M
2019
Price N/A
2016
$240,000
2012
$506,000
2007
$530,000
2006
$180,000
1969
Price N/A
Zoning & alternative use
GB · Newport, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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