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Listed price in listed location currency (USD).
$3,250,000

006

MLS® 1395659

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 4800 sqft
Garage Yes
Taxes $13,451
Days Active 190
Lot Size 
Approx. Age 1850
Avg. Price Per Sqft $677
MLS® Number 1395659

Property Address: 491 Thames St, Newport, RI, 02840-6718

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1395659
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1850
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 18, 2025List Date
$3,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
491 Thames St, Newport, RI

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