440 Broadway, Newport, RI 02840

Beds
2
Baths
2
Sqft
2,164
Garage
Yes

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Listed byCompass
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Overview

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, and 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

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
2
Number of bathrooms
2
Square feet
2,164
Lot size (acres)
0.12
Year built
1935

Interior features

Basement
Yes, Finished

Garage and parking

Garage parking spaces
2

Utilities

Heating
Radiant, Oil
Cooling
None
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$5,530

Public schools

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Sourced from: StateWide MLS MLS®#: 1415571 Last checked:

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