306 Broadway Avenue 310 Unit 306-310, Newport, RI 02840

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Sold Price
$1,218,000
List Price
$1,325,000
Closing Date
Oct 31, 2025
MLS#
1391128
Status
CLOSED
Type
Commercial
City
Newport
County
Newport
Year Built
1900

Property Description

Prime mixed-use property in Newport's high-visibility Broadway district. Situated on Broadway, one of Newport's most recognized commercial corridors, the property enjoys excellent visibility and easy access from downtown, residential neighborhoods, and major roadways. Broadway's eclectic mix of dining, retail, and entertainment draws both locals and visitors year-round, making it a sought-after area for tenants. Fully leased with 3 street-level commercial units, including Newport's oldest family-run pizza business, plus an updated 4-bed, 2-bath single-family residence with expansion potential, 1-car garage, and 2 off-street parking spaces. Significant improvements in the past 3 years. Strong tenant mix, 100% occupancy, and excellent signage opportunities. Turnkey, income-producing asset in Newport's sought-after coastal market. Virtual tour link provided for single family property tour.

Additional Information

Cooling
Central Air, 1 Unit, Window Unit(s)
Sewer
Connected, Public Sewer
Taxes
$10,817
Community Features
Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), High Traffic Location, Sidewalks

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Calculator source: Real Geeks

Listing courtesy of Gustave White Sotheby's Realty. Contact: 401-849-3000

Selling Office: Gustave White Sotheby's Realty.

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