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$3
162 JT Connell Highway, Newport, RI, 02840
Exceptional Property Offering in Newport, RI. Discover the epitome of prime real estate at 162 JT Connell Highway, Newport, RI 02840. Strategically located off the Newport Bridge and across from the bustling Newport Mall, this property offers unparalleled visibility and accessibility. Unique Zoning Advantage: Enjoy the flexibility of a unique zoning structure with zero setback requirements, providing endless possibilities for development and utilization. Expansive Lot: Sprawling over 24,830 sq feet, this expansive lot is a canvas for your vision, accommodating various commercial or mixed-use ventures. Affordable: With annual taxes of only $6,007, this property is a sound investment. Available for a negotiable long or short-term lease at $6500 per month, seize the opportunity to establish your presence in this vibrant community. Prime Location: Benefit from high foot traffic and a dynamic commercial environment, ensuring maximum exposure for your venture. Whether considering a long-term investment or seeking a strategic short-term lease, 162 JT Connell Highway is the canvas for your success. Contact us to explore this unique offering and make your mark in Newport's thriving business landscape.
Offered By
Paramount Properties Group
Property Details
Property Type
Commercial
Status
Active
Property Sub Type
Commercial
MLS #
1357968
Utility Features
Sewer Connected
SEWER
Connected
Basement
None
PARKING SPACES
200
CITY
Newport
COUNTY
Newport
STATE
RI
TAX AMOUNT
2023.0
HOA FEE
0.0
LATEST UPDATE
2024-05-17T04:34:07.524Z
DAYS ON MARKET
10
PRICE CHANGE(S)
$3 May 6, 2024
Property Details
Property Type
Commercial
Status
Active
Property Sub Type
Commercial
MLS #
1357968
New Properties On Market
158
40%
Increase In New Listings
Average Asking Price
$413,990
$68,103 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$255
$4 Decrease In List Price/Sq. Ft.
Average Days On Market
15
9 Day
Decrease In Days On Market
Data as of May 19, 2024.
Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.
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The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
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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. Information is deemed reliable but is not guaranteed. © 2021 State-Wide Multiple Listing Service. All rights reserved.
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