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458 Thames Street

Newport, RI 02840
  • $3,000,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 1312224
UPDATED: 156 min ago
$3,000,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,098
    SQFT
  • $297
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1880
County:
Area:

School Ratings & Info

Description

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!

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-06-28T23:37:41.72.
www.martonegroup.com/homes/129561334
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458 Thames Street Newport, RI 02840

  • Price: $3,000,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 156 min ago
  • MLS #: 1312224
0
Beds
0
Baths
0
½ Baths
0.15
Acres
10,098
SQFT
$297
$/SQFT
1880
Built
Neighborhood:
Lower Thames
County:
Newport
Area:
Newport
Property Description
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!
Exterior Features

Construction Materials Frame Parking Total 10

Property Features

Business Type RestaurantRetail Electric Circuit Breakers Land Lease YN No Possible Use OfficeResidentialRetail Property Sub Type Commercial Road Frontage Type City Street Sewer Connected Tax Annual Amount 29614 Tax Assessed Value 1920500 Tax Lot 078-078-4 Tax Year 2021 Utilities Sewer Connected Water Source Connected Zoning Lb

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Re/Max Profnl. Newport, Inc..





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-06-28T23:37:41.72.
 
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The Martone Group | RE/MAX Properties
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