Brick Marketplace : 223 Goddard Row

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: 223 Goddard Row- PENDING, Newport, RI
Building Size: 699 SqFt + 699 SqFt Basement
Sale Price: $198,000.00
Bathrooms: One in unit
Sewer: Included in Condo Fee
Water: Included in Condo Fee
Assessment: $165,400
Taxes: $2,314/ Yr Per 2021 Tax Rate
Condo Association: Yes
Condo Fees: $455.49/ Month + Merchant Fee, $88.08/ Month
Year Built: 1974
Location: Downtown
Parking: 1 Parking Space Per Condo: Validated parking available for customers, 1hr free
Heat / Air: Electric Forced Air Heat Pump
Trash: Access to common dumpster
Number of Units: 1
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
  • $544               Condo Fees & MF
  • $1,465            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
  • $544                Condo Fees
  • $1,677             Estimated Monthly Fees