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    Newport, RI Hotels 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
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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
    Charlestown Hotel Opportunity For Sale
    $2,295,000
    Charlestown Hotel Opportunity For Sale

    28-room hotel on Post Road in Charlestown, Rhode Island.

    5407 Post Rd, 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
    Hotel and Multi-Use Development Land
    $1,600,000
    10.61 Acres
    Hotel and Multi-Use Development Land

    Large development parcel with prior approvals for a 112-unit hotel, offering flexibility for multifamily or student housing redevelopment.

    660 Sherman Avenue, Hamden, CT 06514

    View details
    Kittery Maine Development Opportunity
    $3,700,000
    5,638 SF
    Kittery Maine Development Opportunity

    Prime 2-acre commercial parcel with redevelopment potential in Kittery.

    79 Old Post Road, Kittery, ME 03904

    View details
    Hotel Development Opportunity Near Airport
    $3,900,000
    1.42 Acres
    Hotel Development Opportunity Near Airport

    Hotel development opportunity near Farmingdale Airport.

    306-308 Route 109, Farmingdale, NY 11735

    View details

    Newport, RI Hotels Investment Opportunities Market Analysis

    Explore 1 hotels for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 10,800 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for resorts in Newport, RI start at $2,200,000, averaging $2,200,000, 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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    02840 $2.2M

    Taxes & Financing

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

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