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$1,218,000

  • Sold
  • Closed
  • Retail
See This Home
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Prime mixed-use property in Newport's high-visibility Broadway district. Situated on Broadway, one of Newport's most recognized commercial corridors, the property enjoys excellent visibility and easy access from downtown, residential neighborhoods, and major roadways. Broadway's eclectic mix of dining, retail, and entertainment draws both locals and visitors year-round, making it a sought-after area for tenants. Fully leased with 3 street-level commercial units, including Newport's oldest family-run pizza business, plus an updated 4-bed, 2-bath single-family residence with expansion potential, 1-car garage, and 2 off-street parking spaces. Significant improvements in the past 3 years. Strong tenant mix, 100% occupancy, and excellent signage opportunities. Turnkey, income-producing asset in Newport's sought-after coastal market. Virtual tour link provided for single family property tour.

Full Property Details for 306 Broadway Ave #306-310

General

  • Sold For: $1,218,000
  • Taxes: $10,817 (2025)
  • Status: Closed
  • Type: Retail
  • Source: STWMLS
  • MLS ID: 1391128
  • Added to Site: 160 day(s) ago

Business

  • Name: A1 Pizza, The Annex, Jose's Chop Shop
  • Business Type: Barber/Beauty, Mixed, Pizza, Restaurant, Retail
  • Year Established: 1976
  • Seating Capacity: 36

Rental Information

  • Lease Info: CPI Adjustment

Interior

  • Furnishings: Unfurnished

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Tennis: Yes
  • Security/Safety: Carbon Monoxide Detector(s), Fire Alarm

Parking

  • Garage: Yes
  • Total Spaces: 2

Location

  • County: Newport
  • Subdivision: Broadway
  • Near Highway: Yes

Community

  • Units Assoc/Comm: 4

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning, 1 Unit, Window Unit(s)
  • Heating Type: Gas, Steam

Utilities

  • Sewer: Connected, Public Sewer
  • Water: Connected, Multiple Meters, Public
  • Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected

Structural Information

  • # Buildings: 1
  • Architectural Style: Victorian
  • Detached/Attached: Attached
  • Construction: Brick, Masonry
  • Basement: Yes
  • Basement Desc.: Full
  • Stories/Levels: 3
  • Building Size: 6028
  • Finished Total: 6,028 Sq. Ft.
  • Finished Above Grnd: 6,028 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Sq. Ft.): 5,300
  • Lot Size: 5300
  • Frontage: State Road, Concrete, Paved
  • Sidewalks: Yes
  • Lot Features: Corner Lot
  • Potential Use: Residential, Retail

Financial Considerations

  • Tax Amount: $10,817
  • Tax Year: 2025
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, Insurance, Roof Maintenance, Taxes
  • Tenant Pays: Electricity, Gas, Heat, Hot Water, Snow Removal, Sewer, Trash Collection, Telephone, Water

Disclosures and Reports

  • Documents Avail.: Aerial
  • Inclusions: Unit 306 A1 Pizza: Leased restaurant equipment is not included in the sale and remains the property of the lessor.
  • Property ID: 306310BROADWAYAV306-310NEWP
  • Lot Number: 149

Listed by Gustave White Sotheby's Realty
Sold by Gustave White Sotheby's Realty

Listing agent

— 306 Broadway Ave #306-310 —

  • Gustave White Sotheby's Realty

401-849-3000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 306 Broadway Ave #306-310

School District:Newport School District, Newport, RI
NameGradesDistance
Rogers High School
15 Wickham Road, Newport, RI 02840
9-122.2 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 306 Broadway Ave #306-310

Date
Details
Price
Change
Source
10/31/2025
Sold
$1,218,000
-8.08%
MLS
8/10/2025
Listed
$1,325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Gustave White Sotheby's Realty
Sold by Gustave White Sotheby's Realty

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306 Broadway Avenue #306-310, Newport, RI 02840 (MLS# 1391128) is a Retail property that was sold at $1,218,000 on October 31, 2025. Want to learn more about 306 Broadway Avenue #306-310? Do you have questions about finding other Retail real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.