221 Goddard Row

Under Agreement ! 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.

Address: 221 Goddard Row- Brick Market, Newport, RI
Building 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
Parking: 1 Parking Space Per Condo: Validated parking available for customers, 1hr free
Heat / Air: HVAC Forced Hot Air- Electric Heat
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