$1,500,000 458 Thames Street Newport, RI

MLS: 1298248   Type: Commercial   County: Newport   City: Newport   Zip: 02840   Style: Commercial     Stories: 3   Taxes: $15,369

Mortgage $7,042 /mo



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Rare opportunity to purchase a highly visible building in downtown Newport. Two commercial storefronts and two residential townhouse style units with off-street parking, zoned LB. These units have lots of potential for either a strict investor or someone looking for a live/work space. Located in the heart of downtown Newport across from IYRS, there is great exposure for the commercial tenants on the first floor. Also being sold as a package with two adjacent buildings: MLS 1280475 for $4,650,000.

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Price History

11/10/2021 Listed $1,500,000

Business Type Professional/Office, Residential, Retail
Construction Materials Frame
Electric Circuit Breakers
Land Lease Y/N No
Levels Three Or More
Lot Size Square Feet 3920
Property SubType Commercial
Property Type Commercial Sale
Sewer Connected
Status Active
Stories 3
Total Units 2
Utilities Sewer Connected
Virtual Tour https://www.ftlistingleverage.com/garys
Zoning LB

Interior Features

Above Grade Finished Area 5004
Total Baths 0

Exterior Features

Lot Size Area 3920
Lot Size Units Square Feet
Number of Buildings 1
Road Frontage Type City Street
Total Parking 7

Property Schools

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Gallery (49 photos)

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Property vs Zip Code Avg (02840)

Price 1.50M Avg 1.16M

Sqr Feet 5,004 Avg 2,661

Cost / Sqr Ft $300 Avg $436

Taxes $15,369 Avg $10,269

Acres 0.089991 Avg 0.08

Visits 0 Avg 6

Days on Site 25 Avg 70

Walkscore® 85 Avg 83

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: RE/MAX Profnl. Newport, Inc.

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Location & Address

Albert Realtors
1050 Reservoir Avenue
Cranston, RI