$3,000,000
458 Thames St, Newport, RI 02840
0 Beds
0 Baths
10,098 SqFt

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Rare opportunity to purchase a large mixed use building, zoned LB, in downtown Newport. Two properties being sold together, 458 Thames and 460-462 Thames make up the whole block. 458 Thames has two commercial storefronts and two residential townhouse style units. 460-462 Thames is currently set up as a restaurant with four apartments and storage. Sale doesn't include the restaurant business and it's contents. Great exposure for the commercial tenants on the first floor, plus potential to renovate and improve the residential apartments. Plenty of off-street parking, and located in the heart of Newport across from IYRS, this building has great potential. Don't miss out on this opportunity!
  • Price:
  • $3,000,000
  • Square Footage:
  • 10,098
  • Acreage:
  • 0.15
  • Year Built:
  • 1880
  • Listing ID #:
  • 1312224
  • Street Address:
  • 458 Thames St
  • City:
  • Newport
  • State:
  • Rhode Island
  • Postal Code:
  • 02840
  • County:
  • Newport
  • Subdivision:
  • Lower Thames
  • Listing Status:
  • Pending
  • Listing Type:
  • Commercial Sale
  • Construction Description:
  • Frame
  • Finished Above Ground Square Footage:
  • 10098
  • Number Of Units:
  • 3
  • Total # Of Buildings:
  • 2
  • Total Building Square Footage:
  • 10098
  • Year Built:
  • 1880
  • Business Type:
  • Restaurant, Retail
  • Conforms To Zoning:
  • Lb
  • Lot Square Footage:
  • 6534
  • Road Frontage Type:
  • City Street
  • Suitable Use:
  • Office, Residential, Retail
  • Days On Market:
  • 234
  • On Market Date:
  • 2022-06-06
  • Originating Mls:
  • Ris
  • Property Taxes:
  • $29,614
  • Tax Year:
  • 2021
  • Parking Spaces:
  • 10
  • Electricity:
  • Circuit Breakers
  • Existing Water:
  • Connected
  • Sewage Type:
  • Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Fitzpatrick Team with RE/MAX Profnl. Newport
  • Statewide MLS SWMLS

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