Hogan Associates today announced the November 9, 2020 sale of 2 Pond Avenue in Newport, a landmark mixed-use building adjacent to Equality Park. The building sold for $1,155,000. Jeff Brooks of Hogan Associates represented the Seller, and Chris Eyre of Hogan Associates represented the Buyer.

Adjacent to Equality Park, this mixed-use building is the home of The Nitro Bar, one of the busiest coffee shops in town, as well as two loft-style apartments on the second and third floors.

The property has been consistently well-maintained and is zoned General Business. With a bustling first floor shop and two residential units with a strong rental history, this is a remarkable opportunity to invest in the booming Broadway District.

“I always admired this building as it is such an iconic piece of Newport real estate,” said listing agent Jeff Brooks in a statement. “Having Chris Eyre from our brokerage bring in the buyer made for a smooth transaction, and we are pleased that the building will remain in good hands with the new owner.”

Audrey Finocchiaro from The Nitro Bar confirmed with What’s Up Newp that the coffee shop won’t be going anywhere, telling us “we’ll be there for the long haul”.

Ryan Belmore is the Publisher of What'sUpNewp. 
Belmore has been involved with What’sUpNewp since shortly after its launch in 2012, proudly leading it to be named Best Local News Blog in Rhode Island by Rhode Island Monthly readers in 2018, 2019, and 2020 and an honorable mention in the Common Good Awards in 2021.

Born and raised in Rhode Island, Belmore graduated from Coventry High School and the Community College of Rhode Island. In addition to living in Newport for 10 years, he has lived in Portsmouth, Coventry, Providence, Smithfield, Burrillville, and East Greenwich.

Belmore currently serves as Vice President of the Board Of Directors for Fort Adams Trust and on the Board of Directors for Potter League For Animals. He previously served on the Board of Lucy's Hearth and the Arts & Cultural Alliance for Newport County.

Belmore and his wife, Jen, currently live in Alexandria, Virginia, a move they made in 2021. Read more about that here - https://whatsupnewp.com/2021/09/letter-from-the-publisher-some-personal-news/

Belmore visits Newport every couple of weeks to support the 12+ paid contributors What'sUpNewp has on the ground across Rhode Island, a place he called home for 39 years.

Belmore is a member of Local Independent Online News (LION) Publishers, Society of Professional Journalists, and the North American Snowsports Journalists Association.

In 2020, Belmore was named Member of the Year by LION and won the Arts & Cultural Alliance of Newport County's Dominque Award.
Belmore can be contacted at ryan@whatsupnewp.com and 401-662-1653.