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162 Jt Connell Highway, Newport, RI 02840
$3
162 Jt Connell Highway, Newport, RI 02840View this property at 162 Jt Connell Highway, Newport, RI 02840
162 Jt Connell HighwayNewportRI02840
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Property Description
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.
Full Property Details
Full Property Details for 162 JT Connell Hwy
General
- Price: $3
- Taxes: $2,023
- Status: Active
- Type: Commercial Lease
- MLS ID: 1357968
- Updated: 5/6/2024
- Added to Site: 13 day(s) ago
Parking
- Total Spaces: 200
Location
- County: Newport
Utilities
- Sewer: Connected
- Utility Description: Sewer Connected
Structural Information
- Property Detached: Yes
- Detached/Attached: Detached
- Basement Desc.: None
- Stories/Levels: 0
Lot Features
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,830
- Lot Size: 24830
- Potential Use: Automotive, Commercial, Development
Financial Considerations
- Tax Amount: $2,023
- Terms: Lease, Lease Option
Disclosures and Reports
- Compensation Comments: 5% of term
- Property ID: 162JTCONNELLHWYNEWP
- Lot Number: 64
Listed by Paramount Properties Group
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Schools
Schools serving 162 JT Connell Hwy
School District:Newport Schools
Rating | Name | Grades | Distance |
---|---|---|---|
15 Wickham Rd, Newport, RI 02840 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 162 JT Connell Hwy
Date
Details
Price
Change
Source
5/06/2024
Listed
$3
—
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 162 JT Connell Hwy
162 Jt Connell Highway, Newport, RI 02840 (MLS# 1357968) is a Commercial Lease property. 162 Jt Connell Highway is currently listed for $3 and was received on May 06, 2024. Want to learn more about 162 Jt Connell Highway? 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.