22 Washington Square, Newport, RI
Retail for Sale - $179,900 - 8,313 Sq. Ft.
Property Info
CIMLS# | 916258 |
Location 22 Washington Square Newport RI 02840 | |
Updated | October 12th, 2016 |
Type | Retail |
Price | $179,900 |
Building | 8,313 Sq. Ft. |
Property Description
Business opportunity for sale at $179,900. Requires lease of space starting at $4400 monthly plus escalators and common area maintenance. Triple net multi-year lease. Five year lease extension option available.
Location Description:
Profitable operating cafe' & bakery on a corner location available with heavy pedestrian traffic in one of the busiest spots Newport. Enormous opportunities for a new owner to make changes for significant increase of profitability such as additional meal periods, extended hours. Fully equipped kitchen and bakery. Across the street from Jane Pickens theater. Along Washington Square Park. Estimated 3000 square feet including ground level and kitchen/bakery lower level. Business opportunity is for sale together with sublease of the real estate location. Partial owner financing may be available to qualified buyer of the business opportunity. 3000 square foot space (estimated and to be verified by business buyer/new tenant).
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** This property also has spaces available for lease.