162 Broadway Newport, RI 02840-7751
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · Newport, RINewport. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.