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$11,950 Just Listed
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Property Description
Turnkey restaurant opportunity on Newport's bustling Broadway. Located on vibrant Broadway, a lively Newport corridor for dining and nightlife, this 4,500 sq ft turnkey restaurant space (plus approximately 1,000 sq ft of lower-level storage and outdoor bar with courtyard) offers an exceptional opportunity to establish a presence in one of New England's top destinations. The fully equipped commercial kitchen is ready for immediate operation perfect for chefs and restaurateurs eager to launch or expand without the heavy investment of a new buildout. The space combines Newport's signature historic charm with a polished modern feel, ideal for a welcoming and memorable dining atmosphere. Enjoy excellent street visibility and constant foot traffic, drawing both locals and seasonal visitors who frequent Broadway's popular restaurants, bars, and caf s. The open, flexible layout easily accommodates dine-in service, private events, and outdoor dining. With a private parking lot and ample nearby parking, proximity to downtown Newport, the waterfront, and area hotels, and full liquor licensing available, this property is a complete package for a successful concept. Whether you're unveiling a new culinary idea or adding to an established brand, this high-exposure Broadway location offers the energy, accessibility, and ambiance to make your restaurant thrive in the City by the Sea.
Full Property Details
Full Property Details for 140 Broadway
General
- Price: $11,950
- Taxes: $9,800 (2025)
- Status: Active
- Type: Commercial Lease
- Source: STWMLS
- MLS ID: 1402826
- Updated: 1/9/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Deli/Catering, Food & Beverage, Pa
Rental Information
- Lease Info: NNN
Interior
- Furnishings: Unfurnished
Additional Information
- Shared Amenities: Restaurant
- Security/Safety: Security System Leased, Carbon Monoxide Detector(s), Fire Alarm, Firewall(s), Smoke Detector(s), Security Lights, Fire Sprinkler System
Parking
- Total Spaces: 8
Location
- County: Newport
- Subdivision: Broadway
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Partial, Central Air Conditioning
- Heating Type: Forced Air, Gas, Zoned
Utilities
- Sewer: Connected, Public Sewer
- Utility Description: Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Detached/Attached: Detached
- Construction: Masonry, Other
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 0
- Building Size: 4500
- Finished Total: 4,500 Sq. Ft.
- Finished Above Grnd: 4,500 Sq. Ft.
- Year Built: 1900
- Other Struct. Feat.: Public Restrooms
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,542
- Lot Size: 10542
- Frontage: City Street, Asphalt
- Sidewalks: Yes
- Potential Use: Commercial, Retail, See Remarks
Financial Considerations
- Tax Amount: $9,800
- Tax Year: 2025
- Owner Pays: None
- Tenant Pays: All Utilities
Disclosures and Reports
- Documents Avail.: Aerial, License(s)
- Inclusions: Liquor license available. Full commercial kitchen equipment included. Hood and ansul system, see kitchen photos for details.
- Property ID: 140BROADWAYNEWP
- Lot Number: 123
Listed by Serhant Rhode Island
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Schools
Schools serving 140 Broadway
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.1 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 1.1 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 140 Broadway
Date
Details
Price
Change
Source
1/09/2026
Listed
$11,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 140 Broadway
140 Broadway, Newport, RI 02840 (MLS# 1402826) is a Commercial Lease property. 140 Broadway is currently listed for $11,950 and was received on January 09, 2026. Want to learn more about 140 Broadway? Do you have questions about finding other Commercial Lease real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

