News: Rhode Island
Posted: May 11, 2018
Tobak of Lila Delman Real Estate sells two inns totaling $2.5 million
Real Estate
Newport, RI Lila Delman Real Estate has sold Newport Blues Inn located at 96 Pelham St. and Black Duck Inn located at 29-31 Pelham St. for a combined price of $2.5 million. Paul Tobak, broker associate, represented the seller and facilitated for the buyer.
“The demand for real estate that can be used by the hospitality industry has increased dramatically,” said Tobak.
The Newport Blues Inn measures 6,269 s/f across four levels, the home has twelve bedrooms, nine full and two half-baths, two fireplaces and a courtyard. The Black Duck Inn offers seven guest rooms and is located within walking distance of Thames St.
Tags:
Rhode Island
MORE FROM Rhode Island
Rhode Island
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
Columns and Thought Leadership
The City of Warwick is the perfect choice - by Frank Picozzi
The late summer sky was bright and the mood festive at the family-friendly “Best in Town” event at Rhode Island’s first Floor & Décor store. Those looking to make some home improvements strolled through the warehouse, admiring the well-stocked aisles, fair
Rhode Island is on the move - and there’s no better example than Quonset - by gov. Dan McKee
This year has already brought significant economic progress in for the state of Rhode Island, and nowhere is this more noticeable than at the Quonset Business Park.
Nine things left by the Navy that are key to success at Quonset today - by Steven King
The modern Quonset Business Park is Rhode Island’s leading engine of job creation and economic growth. The park hosts 239 companies and over 14,000 jobs. That success rests on the foundation of two neighboring, now-closed military bases built by the U.S. Navy
Quonset is an essential piece of Rhode Island’s proposed Green Bond - by Steven J. King
While Quonset is known as the region’s leading engine for economic development and job growth, equally as important is its role in protecting and preserving the environment. Home to more than 800 acres of open space, an 18-hole public golf course, four public beaches
