
$1,275,000 USD
Commercial for Sale, 440 Broadway, Newport, Rhode Island 02840
- MLS#1415573
- Minimum sellable space
201 m² (2,164 ft²)
Listed By Compass
The Commercial Property for Sale located at 440 Broadway, Newport, Rhode Island 02840 is currently for sale. 440 Broadway, Newport, Rhode Island 02840 is listed for $1,275,000.
Property features
Property
- Property size:
201 m² (2,164 ft²) - Features: Basement
Lot/Land
- Land/Lot size:
465 m² (5,009 ft²) - Lot description: FencedCorner LotSidewalks
Construction
- Year built: 1935
- Basement and foundation: Full Basement
Heating and Cooling
- Heating system: Radiant
Utilities
- Other utilities: Public SewerMunicipal Water
Community
- Features: Golf CourseMarina
Description
Rare mixed-use investment opportunity in the heart of Newport's thriving Broadway district. Positioned on a highly visible corner
lot, 440 Broadway offers a compelling combination of commercial and residential income potential in one of the city's most
desirable and walkable neighborhoods. The property features a fully built-out professional office space on the first floor,
currently occupied by a well established dental practice with three exam rooms, laboratory, private office, reception area, waiting
room, bathroom, and storage. The dental business is not included in the sale of the real estate and will be sold separately. The
second-floor residential unit consists of a bright and spacious two-bedroom, one-bath apartment with hardwood floors, high
ceilings, abundant natural light, and a private deck. The residential component provides additional income potential and strong
rental appeal in Newport's historically supply-constrained housing market. Additional features include a detached two-car
garage, two additional off-street parking spaces, private yard, full basement, & walk-up attic offering valuable storage and
operational flexibility. The corner-lot location provides excellent visibility, accessibility, and long-term investment
appeal. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents a
unique opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.
Location
440 Broadway, Newport, Rhode Island 02840