181 Bellevue Ave Newport, RI 02840-3989
This exceptional 12,000 square foot warehouse space, located at 181 Bellevue Avenue in Newport, Rhode Island, presents a unique leasing opportunity. Situated within the lower level of Bellevue Gardens, this single-tenant industrial property offers convenient access via stairs or a freight elevator located at the rear of the building. The property also boasts access to a truck-level overhead garage door, ensuring efficient loading and unloading capabilities. Currently situated beneath 'A Market' and 'Fitness 500', this space is ideal for a variety of businesses requiring ample storage and convenient access. The total area of approximately 12,000 square feet is highly adaptable; the space can be subdivided into smaller units to accommodate specific tenant needs, with pricing adjusted accordingly per square foot. This prime Newport County location offers significant advantages for businesses seeking a functional and well-situated warehouse in a vibrant area. The flexible layout and convenient access make this property an attractive option for a range of industrial and distribution operations. Inquire today to learn more about this exceptional leasing opportunity.
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.