One Commercial Wharf

Newport Waterfront Commercial Condominium for SALE!


Property Description

Welcome to Harbourview at Newport Condominium Association! This is a rare opportunity to own a Newport waterfront professional commercial condominium. Perfect for yacht related businesses, or other commercial uses, retail, medical or tourist related use. There’s a fantastic rooftop deck to enjoy as a condo owner! What an excellent way to start or end the day! All of this and 5 parking spots. Please call for appointment and further information.


Property Details

Address: 1 Commercial Wharf, Newport, RI
Buillding Size: 1402
Sale Price: $800,000
Bathrooms: 1/2 bath shared by two tenants
Sewer: In Fee
Water: In Fee
Taxes: ~$6880/yr - $573/mo
Condo Association: Yes
Condo Fees: $547/mo
Plat: 27
Lot: 250 /C1A & C1B
Year Built: 1900
Number of Units: 1 un it per condo documents- City sends two tax bills.
Unit Descriptions:

Tenants in Place. Please do not disturb. One is month to month & other has option to renew in December should the new buyer wish to keep them. This makes the building totally flexible for owner occupied use or investment, or both.

 

Traffic Counter: 12,200 per day
Location: Downtown Waterfront
Site: Heavy shopping district. Location is set back off road with 60' of Retail or Office Frontage
Road: State Highway Rte 138A
Frontage: 60'
Parking: 5 Assigned Spaces
Electric: 2 Meters / Approx $270 Average cost per month
Heat / Air: Electric
Zoning: WB (Waterfront Business)

1 Commercial Wharf, Newport, RI,
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