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    Newport, RI
    Hospitality

    Newport, RI Hospitality Properties for Sale

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    Harborfront Resort with Redevelopment Entitlement
    Updated: Jun 15
    Harborfront Resort with Redevelopment Entitlement

    551 Thames Street, Newport, RI 02840

    $49,900,000
    89,653 sqft 5.27 AC lot
    5.27‑acre waterfront resort at 551 Thames Street, Newport, RI 02840
    89,653 SF hospitality property built in 1985
    52 two‑bedroom suites across four buildings, each with water views
    Approved conversion from 52 transient units to 152 one‑bedroom hotel units
    Indoor and outdoor swimming pools, tennis courts, and fitness center
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    Turnkey Bed and Breakfast Inn
    Updated: Jul 10
    Turnkey Bed and Breakfast Inn

    28 Weaver Avenue, Newport, RI 02840

    $2,900,000
    5,181 sqft
    Updated Newport bed and breakfast with 12+ rooms, 6 bedrooms, and 8.5 baths in one building
    City of Newport transient guest facility certificate with an active Newport license for daily guests throughout the year
    Each guest room has its own private full bath
    Recent upgrades include full fire sprinkler and alarm system, new water/sewer plus dedicated sprinkler lines, updated HVAC/mini‑splits
    New roof and decks, interior painting, many replaced windows, and new flooring
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Hospitality for sale in Newport, RI. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 1 land listing with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Hotel With Retail
    Waterfront Hotel With Retail

    212 Water Street, Block Island, RI 02807

    $7,800,000
    7,546 sqft 0.22 AC lot

    Hospitality property combining guest accommodations, food and beverage venues, retail space, and employee housing.

    View details
    Waterfront Hotel Property
    Waterfront Hotel Property

    212 Water Street, Block Island, RI 02807

    $7,800,000
    7,546 sqft

    Hospitality property with guest accommodations, dining venues, retail space, and employee housing.

    View details
    Mediterranean Villa Estate For Sale
    Mediterranean Villa Estate For Sale

    325 Post Road, Westerly, RI 02891

    Contact for pricing
    5.00 AC lot

    Renovated Mediterranean villa ideal for events and bed and breakfast.

    View details
    Atlantic Ocean Beachfront Inn Opportunity
    Atlantic Ocean Beachfront Inn Opportunity

    145 Atlantic AV Atlantic Avenue, Westerly, RI 02891

    Contact for pricing
    0.50 AC lot

    Beachfront inn with 23 guest rooms and private balconies.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Opportunity Near Foxwoods Casino
    Development Opportunity Near Foxwoods Casino

    586-Z Lantern Hill Road, North Stonington, CT 06359

    $1,100,000
    87.77 AC lot

    87.77 acres development opportunity near Foxwoods Resort Casino.

    View details

    Off-Market Properties in Newport, RI

    Consider similar Off-Market properties in Newport, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Newport, RI Hospitality Properties Market Trends and Statistics

    Explore 3 hospitality properties for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 94,834 square feet of properties for sale, with an estimated market value of $52,800,000.

    Sale prices for hospitality properties in Newport, RI start at $2,900,000, averaging $26,400,000, and reaching up to $49,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 2
    Hotels 2
    Resorts 2

    Demographics Overview

    Population 25K
    Population Growth (5Y) -5.8%
    Median Household Income $83,515
    College Educated 81.9%

    High-Yield Neighborhoods for Investment

    Identify Newport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02840 $26.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.47%
    Property Tax per SF $6.96 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Newport County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Newport, RI

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    Most Searched ZIP Codes in Newport, RI

    • 02840

    Featured Newport Real Estate Agencies

    Realmo connects you with licensed Newport CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Gustave White Sotheby's International Realty
    37 Bellevue Avenue Newport, RI 02840
    Phone: (401) 849-3000
    www.gustavewhite.com/eng
    ReMax Professionals of Newport
    55 Memorial Blvd. Newport, RI 02840
    Phone: (401) 849-0100
    www.newporttothemax.com
    Teri Degnan Real Estate & Consulting, LTD
    38 Mann Ave Newport, RI 02840
    Phone: (401) 474-9191
    www.teridegnan.com
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