162 JT Connell Highway, Newport, RI, 02840

162 JT Connell Highway, Newport, RI, 02840

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.


Status:

Active

Type:

Commercial Lease

Units:

0

Basement:

None

Parking:

200-car

Acreage:

0.56

Est. Taxes:

$2,023

Assessment

$486,400

Permitted Use

Automotive,Commercial,Development

Utilities

Sewer Connected

Days on Market:

10

MLS #:

1357968


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Paramount Properties Group Phone: 401-273-6100