News: Rhode Island

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

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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