Sold
515 Thames Street
Newport RI, 02840
$1,585,000
$581.01 per sqft
Sold
2,728 sqft
Commercial
Built in 1900
Waterfront Business Zoned mixed use building available for the first time in 24 years! Located in vibrant Lower Thames downtown Newport on a corner site in the midst of the hustle bustle and within a short stroll to Newport Harbor, the waterfront business zone allows for many uses and investment opportunities. This well-maintained building is comprised of a first-floor restaurant and a beautiful and spacious owner occupied second/third floor 3 bedroom (2 are ensuite) apartment. Two prime off-street parking spaces. A new exhaust system for the restaurant was installed in 2020. Patrons of the restaurant enjoy a cozy outdoor seating area. New windows in 2019 and new roof in 2020. Superb location, high visibility and endless possibilities!
1308521
MLSⓇ ID
April 25, 2022
Listed
February 10, 2024
Updated
Map
515 Thames Street
Newport RI, 02840
Interior Features
Total Stories
3
Laundry Description
In Unit
Fireplace
No
Cooling
Yes
Cooling Description
Ductless, Window Unit(s)
Heating
Yes
Heating Description
Baseboard, Zoned
Exterior/Building Features
Lot Size
0.04 Acres
Lot Features
Corner Lot
Sewer
Connected, Sanitary
Other Property Details
Taxes
$8,812
Tax Frequency
Annually
Days on Market
37
Association Amenities
Restaurant
Garage
No
Parking Total
2
View
No
County
Newport
Water Source
Public
Pool
No
Zoning
WB
Buyer Agency Compensation
NS R 3%
Courtesy of Mott & Chace Sotheby's Intl.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
©2024 State-Wide MLS, Inc. All rights reserved.
Data last updated 10:29 AM UTC, 2/10/2024.