38 Bellevue Avenue- Unit F

Historic Office Condo For Sale

Property Description

Office condo, “Unit F” in the historic Muenchinger- King Building. Prominent building amongst some of Newport’s most iconic structures. Neighbors include the Viking Hotel, The Reading room, Redwood Library and the Newport Art Association. Space is ideal for any professional who would rather own space vs renting it. Unit is fully furnished with Herman Miller systems. Dedicated parking spot.

A basement storage area “Unit X” can be purchased for an additional $10,000

Ideal Owner occupied financing available through the SBA 504- plan- Can be as low as 10% down. Own this unit for ~$1400/mo including Taxes, Insurance & CF!

Property Details

Address: 38 Bellevue Avenue- Unit F, Newport, RI
Sale Price: $230,000
Bathrooms: Two Common Bathrooms in lower level
Sewer: City connected
Water: City Connected
Sprinkler System: Property does have sprinkler system
Deed Restrictions: Condo docs
Available Space: 703 sq.ft.
Taxes: $1,820 per year- 2021/2022 tax year
Condo Association: Muenchinger- King Condominium Association
Condo Fees: $240 per month- Association managed by Compass Management
Plat: 25
Lot: 62-F
Year Built: 1836
Location: Historic Bellevue Avenue
Parking: 1 assigned spot- 5 common visitor spots available during business hours
Electric: Separate Meter- $1,152 for 2021 - 100 amps
Heat / Air: Separate gas meter- $852 for 2021
Available Date: Negotiable
Zoning: General Business (GB) & Historic District

38 Bellevue Avenue- Unit F, Newport, RI,
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