15 Old Beach Road, Unit 5

Why We Love It

15 Old Beach Road, Unit 5, Newport, RI 02840

PENDING Would you rather be your own landlord? Thinking about investing in commercial real estate and want to start small?

Presenting a office condo available in the Old Beach Professional Building, situated just off Bellevue Avenue and less than one mile from the heart of downtown Newport. This second-floor unit provides a refined setting for a wide range of business uses. The building features convenient on-site parking, a rare amenity in this prime Newport location. Whether you're an established firm or a growing practice, this is an exceptional opportunity to own your professional space in one of Rhode Island's most desirable communities.

 

SALE PRICE:

$295,000


SALE PRICE:
$295,000

PROPERTY TYPE:
Commercial Condo

FLOOR:
Second floor

AVAILABLE SPACE:

718 SqFt

LOCATION:
Located at the intersection of Old Beach Road and Tews Court

AVAILABLE DATE:
Immediately
*Note: there is a tenant in place on a lease until 6/30/26

ZONING:
R10

CONDO FEE:
$264.18/ Month

TAXES:
$2,340 per 2025 tax year

PARKING:
Parking available on site

LANDSCAPING/SNOW REMOVAL:

Condo Association responsible

HEAT/AIR:
Electric heat | Mini-split system, 5 years old

BATHROOM:
1 full bathroom in the unit

ELECTRIC:
Separately metered

WATER:
Included in condo fee

PLAT/ LOT:
26 / 056 / 5

YEAR BUILT:
1985

ASSESSMENT:
$217,300

 
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