105 Broadway - Auto Repair FOR SALE


Newport, RI 02840
$2,495,000 USD
401-450-5089
105 Broadway, Newport, RI for Sale
$2,495,000 USD
Auto Repair - FOR SALE
1/6
null | 6.1% Cap Rate

105 Broadway
Newport, RI 02840


HIGHLIGHTS

  • Located on busy Broadway leading to downtown Newport.

OVERVIEW

Prime investment opportunity in Newport RI. 10 covered and 22 outdoor public parking spaces for a total of 32 in a city that has no parking. Automated pay station for credit card payments in place. This is truly as turnkey as it gets. No labor needed. Fully cloud based operating system. Please reach out for financials.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

GB

APN/PARCEL ID

NEWP-000021-000000-000196

ASK ABOUT THIS PROPERTY

Derek SavasSavas PropertiesMore Info
401-450-5089

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Derek SavasSavas PropertiesMore Info
401-450-5089

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.