Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom commercial at 491 Thames Street in Newport, RI is listed for $3,250,000. Built in 1850, on a 0.06 acres lot.
This high visibility, fully renovated 1840 mixed-use building delivers exceptional income from three luxury short-term rental suites and two ground-floor retail spaces. It is located in the Waterfront Business Zone, a high traffic area on Lower Thames Street.
All suites are recently renovated with high-end finishes, private decks, and harbor views. The retail units have been renovated with stamped ceilings, ceramic tile flooring and updated baths. Each 800 sq. ft. unit provides additional income with proven long-term tenants with annual renewals.
The property also includes an on-site garage and 2 additional parking spaces. Current operations have maintained 3 registered, legal suites in Airbnb Superhost status for over three years, with a 4.9-star average, 92% 5-star reviews and over 500 reviews in the past 12 months. Offered at $3,250,000 USD, this property combines historic charm, operational stability and exceptional income - a rare opportunity in Newport's thriving waterfront market.
Key Features
- Built in 1850
- 0.06 acre lot
- 3 stories
- 6 parking spaces
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$17,382/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
491 Thames Street
Newport, RI 02840
Thames Street Harbour
Features & Amenities
Interior Features
Property Details
Construction
Views
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 491 Thames Street is listed at $3,250,000. The estimated monthly payment is $14,083 based on 20% down at 6.5% interest.
Key features include: Built in 1850, 0.06 acre lot, 3 stories, 6 parking spaces, Waterfront. Interior Features: Ceiling Height (7 to 9 Ft), Ceiling Height (9 to 12 Ft).
This property is listed by James Manson and can be reached at (401) 845-9500 or ebaysan@aol.com.