Advertise
    Newport, RI
    Hotel

    Newport, RI Hotels for Sale

    Notify Me
    List
    Map
    Middletown, RI Jamestown, RI Portsmouth, RI Narragansett, RI Little Compton, RI South Kingstown, RI Saunderstown, RI Tiverton, RI
    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
    View details
    See what stands out in Newport County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    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

    $8,995,000
    7,546 sqft

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

    View details
    Furnished Hotel with Rooftop Dip Pool
    Furnished Hotel with Rooftop Dip Pool

    32 Broadway Avenue, Stonington, CT 06378

    $5,050,000
    4,002 sqft 0.18 AC lot

    Six-bedroom, six-bathroom hospitality property with furnished interiors, public utilities, and individually controlled climate zones.

    View details
    Hotel Property with Rooftop Amenities
    Hotel Property with Rooftop Amenities

    32 Broadway Avenue, Stonington, CT 06378

    $5,050,000
    0.18 AC lot

    Fully furnished accommodations include communal rooftop lounging, dining, and a dip pool.

    View details

    Newport, RI Hotels Market Trends and Statistics

    Explore 1 hotels for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 89,653 square feet of properties for sale, with an estimated market value of $49,900,000.

    Sale prices for resorts in Newport, RI average $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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 4
    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 $49.9M

    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

    Office

    Residential Income

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Newport, RI

    Popular Categories

    Most Searched ZIP Codes in Newport, RI

    • 02840

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!