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    Newport, RI Hospitality Properties for Sale

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    Middletown, RI Jamestown, RI Narragansett, RI
    Versatile Investment Property in Newport
    $2,200,000
    10,800 SF
    Versatile Investment Property in Newport

    28 Pelham, Newport, RI 2840

    Multi-tenant building in historic downtown Newport, ideal for various uses.
    • Prime location in historic downtown Newport, one block from Bowens Wharf and Thames Street.
    • Substantial 10,800 sq ft building with a full basement, offering significant space and potential.
    • Currently operating as a multi‑tenant office building with 16 tenants and generating consistent income.
    • Zoned General Business, allowing for versatile uses including residential conversion or boutique hotel (subject to approvals).
    • Suitable for various buyers: investors, owner‑occupants, or developers.
    Updated: Mar 4
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    Newport Updated Hospitality Property
    $3,100,000
    Newport Updated Hospitality Property

    28 Weaver Avenue, Newport, RI 2840

    Updated property with 12+ rooms, ideal for guest stays.
    • City of Newport Transient Guest Facility Certificate (active license for daily guests).
    • Turnkey property with EXTENSIVE recent upgrades (roof, HVAC, fire system, etc.).
    • Prime, walkable location near Bellevue Avenue, Cliff Walk, Tennis Hall of Fame, and other attractions.
    • Six bedrooms, each with a PRIVATE full bath.
    • Strong history of diverse bookings (movie crews, weddings, etc.).
    Updated: Mar 19
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    Historic 5-Room Inn
    $1,050,000
    2,164 SF
    Historic 5-Room Inn

    Boutique inn with five guest rooms and common areas, with parking near downtown Newport and Broadway dining.

    12 Collins Street, Newport, RI 2840

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    Established Inn Near Broadway
    $1,050,000
    2,164 SF
    Established Inn Near Broadway

    Five-room inn near Newport's shops, restaurants, and waterfront.

    12 Collins, Newport, RI 2840

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Charlestown Boutique Hotel Opportunity
    $3,000,000
    14,474 SF
    Charlestown Boutique Hotel Opportunity

    Boutique hotel with restaurant, pub, and suites.

    10 Prosser, Charlestown, RI 2813

    View details
    Narragansett Redevelopment Opportunity
    $7,500,000
    25,522 SF
    Narragansett Redevelopment Opportunity

    25,222 SF medical office building on 2.6 acres.

    360 Kingstown, Narragansett, RI 2882

    View details
    Prime Narragansett Development Opportunity
    $1,500,000
    0.87 Acres
    Prime Narragansett Development Opportunity

    High-visibility land parcel near beaches with redevelopment potential.

    360 Kingstown Road, Narragansett, RI 2882

    View details
    Mixed Use, Retail, Land, Hospitality, Multifamily
    $3,675,000
    4.43 Acres
    Mixed Use, Retail, Land, Hospitality, Multifamily

    Motels · 4.43 Acres

    10 Prosser Trail, Charlestown, RI 2813

    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.

    Narragansett Commercial Land Opportunity
    $1,500,000
    0.84 Acres
    Narragansett Commercial Land Opportunity

    High-visibility land parcel near Route 1, Narragansett beaches.

    360 Kingstown Road, Narragansett, RI 02882

    View details
    West Greenwich Highway Business Land
    $369,900
    2.61 Acres
    West Greenwich Highway Business Land

    2.61 acres of vacant land with highway business zoning.

    770 Victory Highway, West Greenwich, RI 02817

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    Prime Land I-295 Frontage
    $7,900,000
    Prime Land I-295 Frontage

    Land with high visibility and traffic for multiple uses.

    1987 Plainfield Pike, Johnston, RI 2919

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    Waterfront Land on Agawam Mill Pond
    $49,000
    0.37 Acres
    Waterfront Land on Agawam Mill Pond

    0.37 acres of direct waterfront for recreational activities.

    3 Michael Dr, Wareham, MA 02538

    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.

    130 Or 2
    Lifestyle centers
    Value Estimation by Request

    130 Or 2, Newport, RI 02840

    View details

    Newport, RI Hospitality Properties Investment Opportunities Market Analysis

    Explore 5 hospitality properties for sale in Newport, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,964 square feet of properties for sale, with an estimated market value of $3,250,000.

    Sale prices for hospitality properties in Newport, RI start at $1,050,000, averaging $1,625,000, and reaching up to $2,200,000 — 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 3
    Hotels 2
    Resorts 1

    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 $2.1M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Newport County

    Retail

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