38 Bellevue Avenue #B,C,X, Newport, RI 02840 - Photo 1

1/1

$700,000

Sold
Closed
Commercial

1/1

Property Description

Come and be some of the First to see These Beautiful Bellevue Avenue First Floor Corner Units for Sale!! This Sale Includes 3 Units. They Consist of Units # B, C and X. Units B & C are Office Units with 5 Separate Office's between them. Unit X is a Storage Unit located in the basement of the MK building. These Units Are a RARE FIND! Located in The Muenchinger/ King Building on Beautiful Bellevue Avenue in Newport, RI. They face The Redwood Library on one side and The Reading Room and Viking Hotel in the Front. These Commercial Business Condominiums have been Successfully Owned and in Business for 60 + Years as a Insurance Agency in Newport, RI that was Started in the 1960's. This Insurance Agency has Enjoyed the Perfect Location and Recognition of being in a Historic District Building located at 38 Bellevue in Newport, RI. They Attribute much of their 60 Year Success to this Premier Location!! You can walk to the Tennis Hall of Fame, Bellevue Avenue Shopping or the Mansions. These First Floor Corner Units boasts some of the Best Views and access in the Entire Building. There are 3 assigned parking spaces' by the Condo Association for these units. There is also Visitor Parking in the rear of the Building as well. These Beautiful Office spaces are Rare Gems don't come up for sale very often. Don't Miss this Golden Opportunity to buy a Beautiful Piece of Newport Real Estate on Historic Bellevue Avenue in Newport, RI

Full Property Details

Full Property Details for 38 Bellevue Ave #B,C,X

General

Sold For: $700,000
HOA FEE: $644/month
Taxes: $3,882 (2022)
Status: Closed
Type: Commercial
Source: STWMLS
MLS ID: 1330347
Added to Site: 1, 074 day(s) ago

Business

Name: Insurance Agency
Business Type: Accounting, Advertising
Year Established: 60

Interior

Furnishings: Unfurnished

Rooms

Other Rooms

Laundry: Common Area, Laundry Room

Additional Information

Shared Amenities: Recreation Facilities, Restaurant
Tennis: Yes
Security/Safety: Building Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Escape, Key Card Entry, Fire Sprinkler System, Security Lights

Parking

Total Spaces: 3

Location

County: Newport
Subdivision: Bellevue Avenue
Building Name: Muenchinger King Building

Community

Units Assoc/Comm: 3

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s)
Heating Type: Gas, Other, Radiant, Steam, Zoned

Utilities

Sewer: Connected
Water: Connected, Public
Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected

Structural Information

# Buildings: 1
Detached/Attached: Detached
Construction: Frame
Basement: Yes
Basement Desc.: Full
Stories/Levels: 3
Building Size: 2213
Finished Total: 2,213 Sq. Ft.
Finished Above Grnd: 2,213 Sq. Ft.
Year Built: 1839
Other Struct. Feat.: Public Restrooms

Lot Features

Lot Size (Sq. Ft.): 1,618
Lot Size: 1618
Lot Features: Historic District
Potential Use: Commercial, Investment, Office

Financial Considerations

Association Fee: $644
Assoc Fee Freq.: Monthly
Tax Amount: $3,882
Tax Year: 2022
Owner Pays: Sewer, Taxes, Trash Collection, Water
Tenant Pays: Air Conditioning, Cable TV, Electricity, Heat, Hot Water, Insurance

Disclosures and Reports

Inclusions: There is an Active Assessment in Place.
Property ID: 38BELLEVUEAVB, C, XNEWP
Block: 62
Lot Number: B, C

Listed and Sold by Keller Williams Coastal

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Schools

Schools serving 38 Bellevue Ave #B,C,X

School District:Newport School District, Newport, RI

Name	Grades	Distance
Rogers High School 15 Wickham Road, Newport, RI 02840	9-12	1.4 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 38 Bellevue Ave #B,C,X

Date

Details

Price

Change

Source

9/15/2023

Sold

$700,000

-21.79%

MLS

7/27/2023

Price Reduced

$895,000

-10.09%

MLS

6/01/2023

Price Reduced

$995,400

-17.05%

MLS

3/14/2023

Listed

$1,200,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Single Family
Active
Updated 5 hours ago

3
Beds
3
Total Baths
3,258
Sq. Ft.

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Just Listed

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Open House

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Active
Updated 22 hours ago

3
Beds
2
Total Baths
1,480
Sq. Ft.

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Just Listed

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Commercial Lease
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$325,000

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Lots/Land
Active
Updated 4 days ago

0.2494
Acres

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Price Reduced

-$201,000 (-4.79%)

$3,999,000

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Manufacturing
Active

Price Reduced

-$100,000 (-4.55%)

$2,100,000

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Commercial Residential Facility
Active

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Price Reduced

-$1,395,000 (-28.5%)

$3,500,000

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Single Family
Active
Updated 3 days ago

7
Beds
4
Total Baths
3,818
Sq. Ft.

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Price Reduced

-$295,000 (-3.78%)

$7,500,000

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Single Family
Active
Updated 3 days ago

6
Beds
6
Total Baths
4,927
Sq. Ft.

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Sold

$800,000

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Condo
Closed

3
Beds
2
Total Baths
1,033
Sq. Ft.

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Sold

$702,000

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Single Family
Closed

3
Beds
2
Total Baths
1,224
Sq. Ft.

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Sold

$635,000

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Single Family
Closed

3
Beds
2
Total Baths
1,012
Sq. Ft.

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Sold

$645,770

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Condo
Closed

1
Bed
1
Total Bath
704
Sq. Ft.

38 Bellevue Avenue #B,C,X, Newport, RI 02840 (MLS# 1330347) is a Commercial property that was sold at $700,000 on September 15, 2023. Want to learn more about 38 Bellevue Avenue #B,C,X? Do you have questions about finding other Commercial real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

38 Bellevue Ave #B,C,X Newport, RI 02840