221 Goddard Row

Commercial Condo for Sale

Property Description

Commercial condominium for sale within the Brick Market Place Condo Association. This unit is located in the back row, known as ‘Goddard Row’. It is currently occupied on a month-to-month term to a retailer. The unit conveys with 1 parking space, and provides validated parking to clients and customers. Join this vibrant association located in downtown Newport.

Property Details

Address: 221 Goddard Row- Brick Market, Newport, RI
Buillding Size: 821 SqFt + 821 Basement SqFt
Sale Price: $198,000
Bathrooms: One bathroom in unit
Sewer: Included in Condo Fee
Water: Included in Condo Fee
Assessment: $165,400
Taxes: $2,314/ Year Per 2021 Tax Rate
Condo Association: Brick Market Place Condominium Association
Condo Fees: $568.37/ Month: $108.01 Merchant Fee/ Month
Plat: 24
Lot: 10/221
Year Built: 1974
Unit Descriptions:

One large space with two frontages. Full basement for storage.

  • $198,000:        Sale Price
  • $59,400:          30% Down
  • $138,000         Remaining
  •             25 Years @4% Interest Rate
  • $728                Monthly Payments
  • $193                Monthly Taxes
  • $676               Condo Fees & MF
  • $1,597            Estimated Monthly Cost

Or save on the down payment with an “SBA 504 Loan” for only 10% with good credit, thus freeing up cash to put towards your business operation, fixtures and more. Visit www.osbda.com to learn more about their programs.

  • $198,000         Sale Price
  • $20,000           10% Down
  • $178,000         Remaining
  •             SBA Finance (40%)
  •             Bank Finance (50%)
  •             25 Years @ 4%
  • $940                Monthly Payment
  • $193                Monthly Taxes
  • $629                Condo Fees
  • $1,762             Estimated Monthly Fees
Parking: 1 Parking Space Per Condo: Validated parking available for customers, 1hr free
Heat / Air: HVAC Forced Hot Air- Electric Heat

221 Goddard Row- Brick Market, Newport, RI,
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