20 - -22-24 Franklin St

Newport, RI 02840

  • $875,000 Sold on 06/03/2021
  • 4,123 Sqft
  • 1744 Built
  • $224 Price/Sqft

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 1806 square feet, 10.5 ft. ceilings, crown moldings, multiple rooms for flexible use and half bath. the 2nd retail space has 1026 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.

Property Highlights
  • NEIGHBORHOOD : Historic Hill/harbor/thames Street
  • DAYS ON MARKET : 889
  • MLS : 1268228

Additional Information

  • ELECTRICAL: 100 Amps, Circuit Breaker, Individual Meter
  • HISTORIC?: Local Historic District
  • NEIGHBORHOOD: Historic Hill/Harbor/Thames Street
  • ROAD DESCRIPTION: High Traffic, Municipal
  • SEWER: Connected, Municipal
  • STATUS: Sold
  • SUBTYPE: Apartment, Appliances, Cabinets, Carpet/Tile, Clothing, Colonial, Commercial, Fashion/Specialty, Flex Space, Free-Standing, Gift Shop, Historic, Jewelry, Mixed Use, Professional Service, Professional/Office, Residential, Retail, Storage, Street Retail, Town House, Utility
  • TYPE: Commercial/Business
  • UTILITIES: Cable TV, Electric, Gas, Municipal Water
  • YEAR BUILT: 1744
  • COOLING: Central Air, Individual Unit
  • FOUNDATION: Slab, Unknown
  • HEAT: Central Air, Central Heat
  • LAUNDRY ROOM: In Building
  • LEVELS: 3
  • STORIES: 3

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Location for 20 - -22-24 Franklin St, Newport, RI

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 04/01/2023. Listed By: Edith Cushing of RE/MAX Profnl. Newport, Inc.