The Fitzpatrick Team is available to help with Commercial sales and leasing in addition to your Residential needs.
Significant commercial listings/sales by the Fitzpatrick Team.
Commercial rental on Broadway in Newport, rented spring 2018 for $2500/month. Currently set up as a sandwich shop, this would be it’s ideal use, but could change the use with a variance from the city. Great front windows and off-street parking. Now occupied by Hummingbird Cafe.
595 Thames, Newport, known as the iconic Firehouse Building, where the team represented both the buyer and seller, and helped the seller turn that sale into the 1031 exchange for two properties.
In early 2016, we successfully negotiated the rental of Diego’s second location, Diego’s Bodega, at 124 Aquidneck Av in Middletown, where they were able to expand their brand and business.
SOLD! The property at 8 W. Marlborough, home to Mudville Pub sold in Feb 2017. This landmark building abuts Cardine’s Field, making it a prime spot to watch the hometown Gulls baseball team, from either the pub or one of the two residential rentals upstairs.
SOLD! The liquor license from Willy’s Burger Bar to Local Mercantile Cafe.
In the winter of 2015, the Fitzpatrick Team negotiated the sale of the Spring Street Inn, a bed and breakfast in downtown Newport to the Landings Group, who have been remodeled it for the past year and will be soon taking reservations.
Closed in the fall of 2016 was the multi-unit mixed use building at 124-128 Broadway. The entire Broadway neighborhood has undergone a revitalization and we know the new owners will make sure to continue the enhancement of the neighborhood.
For more information about these listings, investment opportunities in the greater Newport area, or to discuss listing your business or commercial property, contact us anytime.