217 Goddard Row

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

217 Goddard Row

Newport, RI 02840
Asking Price
$500K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for sale at 217 Goddard Row
  • Property occupies a position within the local Brick Marketplace
  • Offered at an asking price of four hundred ninety-nine thousand
  • Located in the historic and active coastal city of Newport
  • Asset supports diverse boutique retail or professional service uses

What's Special

Newport serves as a premier coastal destination in Rhode Island, characterized by its historical significance and robust seasonal tourism economy. This retail storefront property is positioned within the Brick Marketplace, a central hub for commerce and pedestrian activity in the city. The asset provides a strategic footprint for businesses looking to capitalize on the high traffic generated by local residents and visitors alike. Given the configuration of this storefront, the space is well-suited for boutique retail, specialty goods, or a professional service office. The property benefits from the established commercial environment of the downtown core, which maintains steady engagement throughout the year. Entrepreneurs and investors will find this an accessible entry point into one of the most recognizable market corridors in the region.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
16.00%
DSCR
2.70
Strong
Cash-on-Cash
33.55%
Monthly Payment
$2,473.232
Annual Cash Flow
$50,321.211

Location & Travel Times