Bellevue Avenue

According to a recent report of real estate transactions, a historic commercial/mixed use residential building located at 103-111 Bellevue Avenue sold for $2.645 Million on February 10th, 2016.

(Zillow reports that the property was purchased for $2.905 Million)

The property was sold by Christine Tellefsen to Stonehenge Partners, LLC and is currently home to Griswold’s Tavern, Megs Aussie Milk Bar and several other businesses and residences.

What’sUpNewp has confirmed that Griswold’s Tavern has a five year lease with an option of a five year extension with the new property owners. We’ve been told that the new owners will also honor leases for other businesses and residences that occupy the property.

The 13,588 square foot building, that was built in 1900, includes 15 separate units throughout the three story building.

Stonehenge Partners LLC, a real estate company, is involved with Shore Properties LLC.

This story will be updated if more information is received.

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Ryan Belmore is the owner and publisher of What's Up Newp. He took over the publication in 2012 and has grown it into a three-time Rhode Island Monthly Best Local News Blog (2018, 2019, 2020). He was named LION Publishers Member of the Year in 2020 and received the Dominique Award from the Arts & Cultural Society of Newport County the same year. He has been awarded grants for investigative and community journalism, and continues to coach and mentor new local news publications nationwide. Ryan...