Gustave White Sotheby’s International Realty today announced the sale of 25 Mill Street in Newport. The property, which is known as “Fire Station No. 1” sold for $3.05 million.
According to Gustave White Sotheby’s International Realty, Michelle Drum and Kate Rooney of Gustave White Sotheby’s International Realty represented the sellers.
The buyer was represented by Tom Rao of Hogan Associates.
Gustave White Sotheby’s International Realty says about the property, “Built in 1885, the fire station has been restored to include functioning barn doors, decorative shingling, oversized windows, brass fire pole, and a 65-foot tall lookout tower, the highest private viewing spot in Newport. With multiple potential uses, the 6,000+ sq. ft. building currently includes an apartment, showroom, office space, and rooftop deck overlooking the harbor and Queen Anne Square area”.
Paul Leys, co-owner/broker stated, “The successful sale of this historic fire station, a one-of-a-kind offering, takes uniquely qualified Realtors who understand how to present distinctive properties. It also continues the positive trend in the Newport market from last year’s record-setting numbers.”
Update – Hogan Associates Announces The Sale
Just after 7 pm, Hogan Associates provided a press release announcing the sale, here’s what they had to say;
Hogan Associates announces the January 14, 2022 sale of 25 Mill Street in Newport, R.I., a stunning former firehouse in the heart of Downtown Newport which is changing hands for the first time in 30 years. The property sold for $3,050,000. Tom Rao of Hogan Associates represented the Buyer, and Michelle Drum & Kate Rooney of Gustave White Sotheby’s represented the Seller.
25 Mill Street, known as “Fire Station No. 1” is a mixed-use property and is one of the most recognizable structures in Newport. It can be found on the National Register of Historic Properties. One of a kind features include original brass fire pole, 12′ high ceilings, private roof deck, and a 65 foot lookout tower with views of the Newport Harbor that are beyond compare.
Firehouse No. 1 was originally constructed in 1885 to house one of the first organized fire companies in the country. In 1991, local residents restored it and have lovingly maintained the property since. Now, modern amenities combine seamlessly with historic charm, and 6,500+ square feet of indoor and outdoor entertainment space offer a multitude of options for the next owner.
“This buyer knew exactly what he wanted – a unique showstopper in Newport’s Historic Hill neighborhood,” said buyer rep, Tom Rao of Hogan Associates. “‘Fire Station No. 1’ struck a chord with him immediately, and the deal came together in a matter of days. As a Historic Hill resident, I was thrilled to be involved in the transfer of this iconic property.”