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Property profile & analytics
OFF-MARKET
Commercial real estate

55 Memorial Blvd Newport, RI 02840

1 SF
Entity Owned 1-yr Hold
Property ID
US76-0277303
Property summary
AI-generated overview

This exceptional executive office suite, located at 55 Memorial Boulevard in Newport County, offers a rare opportunity for a single-tenant occupancy. The space encompasses a total of one square foot, perfectly suited for a sole practitioner or individual seeking a secure and convenient workspace outside of a home environment. The property is zoned GB and boasts on-site parking, a highly desirable feature in Newport's competitive market. All utilities are included in the lease, excluding phone and internet services, simplifying budgeting and administration. The single-tenant occupancy ensures privacy and control over the workspace. This is an ideal solution for professionals seeking a professional, efficient, and easily accessible office location. The address, 55 Memorial Boulevard, provides excellent visibility and accessibility. The compact size of the office is perfect for those who need a small, dedicated workspace. The inclusion of all utilities (excluding phone and internet) makes budgeting straightforward and predictable. The on-site parking is a significant advantage, eliminating the challenges of finding parking in a busy urban area. This unique opportunity is perfect for those seeking a private and efficient office solution in a prime Newport location. Inquire today to learn more about current availability and lease terms.

Property profile
Verified
Property type Commercial real estate
Total area 1 SF
UPID US76-0277303
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gaudini Rlty LLC · 1 yrs held
Gaudini Rlty LLC
since 2024
5 recorded transactions
2024
$465,000
2024
Price N/A
2023
$260,000
2022
$440,000
2019
$245,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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