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    111 Memorial Boulevard W

    Newport, RI 02840
    • $1,500,000
    • STATUS: Active
    • MLS #: 1271730
    UPDATED: 48 min ago
    $1,500,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,875
      SQFT
    • $387
      $/SQFT
    Type:
    Commercial
    Built:
    1780
    County:
    Area:

    School Ratings & Info

    Description

    Located Downtown Newport, in the Center of it all, on one of the areas most famous Boulevards. (Corner of Memorial & Thames St., across from the Red Parrot Rest. Heavy traffic & foot count, in a General Business Zone GB, with short term rental possibilities.) The Burbankrose has been operated as an established live-in guest house for 30 years. (Building consists of a single dwelling unit and a guest house of 5 bedrooms w/7 baths total, and finished lower) This is a perfect owner occupied turn key business, but the possibilities dont stop there: From clothes store, or antique shop, to doctors office, and More..! This 18th Century Victorian has all the charm and character that Newport represents, and in the location where everyone wants to be. Recent updates include heating system, kitchens, baths, etc.. Would consider 1031 exchange. Zoning Certificate available. No flood insurance required. Buyer to do due diligence.

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    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Seyboth Team | Century 21 are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Seyboth Team | Century 21. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-09T09:37:26.07.
    www.seybothteamhomes.com/homes/114064913
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    111 Memorial Boulevard W Newport, RI 02840

    • Price: $1,500,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 1271730
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    3,875
    SQFT
    $387
    $/SQFT
    1780
    Built
    Neighborhood:
    Historic Hill Downtown Newport
    County:
    Newport
    Area:
    Newport
    Property Description
    Located Downtown Newport, in the Center of it all, on one of the areas most famous Boulevards. (Corner of Memorial & Thames St., across from the Red Parrot Rest. Heavy traffic & foot count, in a General Business Zone GB, with short term rental possibilities.) The Burbankrose has been operated as an established live-in guest house for 30 years. (Building consists of a single dwelling unit and a guest house of 5 bedrooms w/7 baths total, and finished lower) This is a perfect owner occupied turn key business, but the possibilities dont stop there: From clothes store, or antique shop, to doctors office, and More..! This 18th Century Victorian has all the charm and character that Newport represents, and in the location where everyone wants to be. Recent updates include heating system, kitchens, baths, etc.. Would consider 1031 exchange. Zoning Certificate available. No flood insurance required. Buyer to do due diligence.
    Exterior Features

    Architectural Style Multi-Family Foundation Details Combination Parking Total 0

    Interior Features

    Basement Full Basement YN Yes Cooling 1 Unit

    Property Features

    Association Amenities RestaurantTennis Court(S) Association Fee 0 Business Type Bed & BreakfastHotel/Motel Community Features MarinaPublic TransportationRecreation AreaRestaurantShoppingTennis Court(S)Street LightsSidewalks Current Use Commercial Electric Circuit Breakers Land Lease YN No Laundry Features Common AreaLaundry Room Operating Expense 0 Owner Pays All UtilitiesCommon Area MaintenanceCable TvElectricityGrounds CareHeatHot WaterInsuranceJanitorial ServiceManagementPest ControlRepairsRoof MaintenanceSnow RemovalSewerTaxesTrash CollectionTelephoneWater Possible Use CommercialInvestmentMedical/DentalMulti-FamilyMixed UseOfficeResidentialSingle Family Property Sub Type Hotel/Motel Road Frontage Type City Street Security Features Carbon Monoxide Detector(S)Fire AlarmSmoke Detector(S) Sewer ConnectedPublic SewerSanitaryStorm Sewer Tax Annual Amount 16487 Tax Assessed Value 1069200 Tax Lot 275 Tax Year 2020 Utilities Cable AvailableElectricity AvailableMunicipal UtilitiesPhone AvailableWater ConnectedSewer Connected Water Source ConnectedPublic Zoning Gb

    Listing information © 2021 State-Wide Multiple Listing Service.
    Listing provided courtesy of Hogan Associates.





    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Seyboth Team | Century 21 are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Seyboth Team | Century 21. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-09T09:37:26.07.
     
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    The Seyboth Team | Century 21
    235 Taunton Avenue
    Seekonk MA, 02771