111 memorial boulevard w

Newport, RI 02840

Located Downtown Newport, in the Center of it all, on one of the area's most famous Boulevards. (Corner of Memorial & Thames St., across from the Red Parrot Rest. Heavy traffic & foot count, in a General Business Zone GB, with short term rental possibilities.) The Burbankrose has been operated as an established live-in guest house for 30 years. (Building consists of a single dwelling unit and a guest house of 5 bedrooms w/7 baths total, and finished lower) This is a perfect owner occupied turn key business, but the possibilities don't stop there: From clothes store, or antique shop, to doctors office, and More..! This 18th Century Victorian has all the charm and character that Newport represents, and in the location where everyone wants to be. Recent updates include heating system, kitchens, baths, etc.. Would consider 1031 exchange. Zoning Certificate available. No flood insurance required. Buyer to do due diligence.