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440 Broadway
440 Broadway
440 Broadway
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440 Broadway
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Courtesy of Compass
$1,275,000

440 Broadway

2,164 Sq.Ft. 5,009 Sq.Ft.

Description

Rare mixed-use investment opportunity in the heart of Newport's thriving Broadway district. Positioned on a highly visible corner
lot, 440 Broadway offers a compelling combination of commercial and residential income potential in one of the city's most
desirable and walkable neighborhoods. The property features a fully built-out professional office space on the first floor,
currently occupied by a well established dental practice with three exam rooms, laboratory, private office, reception area, waiting
room, bathroom, and storage. The dental business is not included in the sale of the real estate and will be sold separately. The
second-floor residential unit consists of a bright and spacious two-bedroom, one-bath apartment with hardwood floors, high
ceilings, abundant natural light, and a private deck. The residential component provides additional income potential and strong
rental appeal in Newport's historically supply-constrained housing market. Additional features include a detached two-car
garage, two additional off-street parking spaces, private yard, full basement, & walk-up attic offering valuable storage and
operational flexibility. The corner-lot location provides excellent visibility, accessibility, and long-term investment
appeal. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents a
unique opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.

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Location

440 Broadway, Newport, RI 02840

Status

For Sale
Stefanie Carr

Stefanie Carr

TITLE

REALTOR®

LICENSE

RES.0045282

Property Amenities

Area & Lot
Total area 2,164 Sq.Ft.
Lot Area 5,009 Sq.Ft.
Living area 2,164 Sq.Ft.
MLS® ID 1415573
Year Built 1935
Type Commercial
Status For Sale
Exterior
Stories 2
Air conditioning None
Heat type Radiant
Water Source Connected, Public
Sewer Connected, Public Sewer
Lot Features Corner Lot
Utilities Electricity Available, Municipal Utilities, Water Connected, Sewer Connected
Finance
Sales Price $1,275,000
Real Estate Tax $5,530 yearly
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Newport

41.4918° N, 71.3119° W

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