Tobak of Lila Delman Real Estate sells two inns totaling $2.5 million

May 11, 2018 - Rhode Island
Paul Tobak, Lila Delman
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.

Newport Blues Inn, 96 Pelham Street - Newport, RI

“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. 

 

 

 

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