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    20 Franklin Street

    Newport, RI 02840
    • $925,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 1268228
    UPDATED: 15 min ago
    $925,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,638
      SQFT
    • $199
      $/SQFT
    Type:
    Commercial
    Built:
    1744
    County:
    Area:

    School Ratings & Info

    Description

    The "John Gidley House" circa 1744- Fantastic & Rare Opportunity to own this mixed use Signature Historic Building on desirable " Antique Row" in downtown Newport located between Spring St. & Thames St. just steps from the Harbor. Once a prominent Colonial home is now a mixed use treasure consisting of 2 retail spaces and a 2nd floor townhouse apartment. The main retail space has 2832 square feet , 10.5 ft. ceilings , crown moldings , multiple rooms for flexible use and half bath. the 2nd retail space has 515 square feet, 8 ft. ceilings, kitchenette and half bath. The 2nd&3rd floor apartment has 3 bedroom, 2.5 baths & laundry in the unit. The 2nd level has renovated kitchen with all new appliances, numerous colonial style rooms including a library, large living room with French doors to a flat roof which could be a seating area, and 2 smaller bedrooms. Some of the rooms need renovation on the 2nd level. The completely renovated 3rd floor Main Bedroom and bath has new hardwood floors and cathedral ceilings. Gas heat &H2O, Central Air and all separate utilities. Superb Location with high visibility and many possibilities! Sale Subject to Probate Court Approval.

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    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Mercurio Group Real Estate are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mercurio Group Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-11-27T08:37:37.637.
    www.mercuriogroup.com/homes/111309453
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    20 Franklin Street Newport, RI 02840

    • Price: $925,000
    • Status: Active
    • Updated: 15 min ago
    • MLS #: 1268228
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    4,638
    SQFT
    $199
    $/SQFT
    1744
    Built
    Neighborhood:
    Historic Hill/Harbor/Thames Street
    County:
    Newport
    Area:
    Newport
    Property Description
    The "John Gidley House" circa 1744- Fantastic & Rare Opportunity to own this mixed use Signature Historic Building on desirable " Antique Row" in downtown Newport located between Spring St. & Thames St. just steps from the Harbor. Once a prominent Colonial home is now a mixed use treasure consisting of 2 retail spaces and a 2nd floor townhouse apartment. The main retail space has 2832 square feet , 10.5 ft. ceilings , crown moldings , multiple rooms for flexible use and half bath. the 2nd retail space has 515 square feet, 8 ft. ceilings, kitchenette and half bath. The 2nd&3rd floor apartment has 3 bedroom, 2.5 baths & laundry in the unit. The 2nd level has renovated kitchen with all new appliances, numerous colonial style rooms including a library, large living room with French doors to a flat roof which could be a seating area, and 2 smaller bedrooms. Some of the rooms need renovation on the 2nd level. The completely renovated 3rd floor Main Bedroom and bath has new hardwood floors and cathedral ceilings. Gas heat &H2O, Central Air and all separate utilities. Superb Location with high visibility and many possibilities! Sale Subject to Probate Court Approval.
    Exterior Features

    Architectural Style ColonialHistoric/Antique Construction Materials FrameOther Foundation Details SlabSee Remarks Lot Features Historic District Parking Total 0

    Interior Features

    Basement None Basement YN No Cooling 1 UnitCentral Air Furnished Unfurnished Heating Central

    Property Features

    Association Fee 0 Business Type Mixed Community Features GolfHighway AccessMarinaNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingSidewalksTennis Court(S)High Traffic Location Current Use Commercial Electric 100 Amp ServiceCircuit Breakers Inclusions RefrigeratorOven/RangeDishwasher Land Lease YN No Laundry Features Common AreaLaundry Room Lease Considered YN No Operating Expense 0 Owner Pays Common Area MaintenanceExterior MaintenanceGrounds CareInsuranceRepairsSewerTaxes Possible Use CommercialInvestmentMixed UseResidentialRetail Property Sub Type Retail Road Frontage Type City Street Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Sewer ConnectedPublic Sewer Tax Annual Amount 9847 Tax Assessed Value 638600 Tax Lot 050 Tax Year 2019 Tenant Pays Air ConditioningGasHeatHot WaterInsuranceSewerTelephoneWater Utilities Cable AvailableElectricity AvailableNatural Gas AvailableNatural Gas ConnectedMunicipal UtilitiesWater Connected Water Source Public Zoning Gb

    Listing information © 2020 State-Wide Multiple Listing Service.
    Listing provided courtesy of Re/Max Profnl. Newport, Inc..





    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Mercurio Group Real Estate are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mercurio Group Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-11-27T08:37:37.637.
     
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    The Mercurio Group Real Estate
    641 Armistice Blvd.
    Pawtucket RI, 02861