Theater and Restaurant
New
For Sale
$4,500,000
102 Connell Highway, Newport, RI 02840
The venue combines performance space with dining, bar service, a commercial kitchen, and an outdoor patio.
Property SizeContact for details
Days on Market5
Property Features for 102 Connell Highway
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
RE/MAX Profnl. Newport, Inc.
(401) 849-0100
Listed By:
Jonathan Perry · License #RES.0045616
(401) 862-0625
Source:
Lockandkeyre
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 2:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Profnl. Newport, Inc.
Investment Insights
Based on property information with market context.
This 8,700-square-foot property on 0.956 acres includes a 165-seat theater, dining and bar areas, a commercial kitchen, outdoor patio, and backstage and support space. On-site parking is provided. Restaurant, dining, and theater furniture, fixtures, and equipment are included, subject to final inventory and exclusions. A Class BV full beverage liquor license is available. The existing Newport Playhouse business, brand, and agreed operating assets may also be included.
At 102 Connell Highway in Newport, the property recorded a 2025 traffic count of 19,686 vehicles per day. It offers access to Downtown Newport, the Pell Bridge, and Middletown.
At 102 Connell Highway in Newport, the property recorded a 2025 traffic count of 19,686 vehicles per day. It offers access to Downtown Newport, the Pell Bridge, and Middletown.
Key Highlights
- 8,700 square feet on 0.956 acres
- 165‑seat theater with dining, bar, and backstage areas
- Commercial kitchen and outdoor patio
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
171k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 36%
Shops & Services 24%
Dining 17%
Groceries 13%
Walmart
Superstores
62,135 visits/mo
0.4 miles
Stop & Shop
Groceries
22,199 visits/mo
0.3 miles
Shell
Shops & Services
20,440 visits/mo
0.1 miles
Dunkin' Donuts
Dining
18,773 visits/mo
0.3 miles
Old Navy
Apparel
8,688 visits/mo
0.4 miles
Demographics for 02840, RI
23,902
Population
13,515
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
3,274
Density / Sq Mi
$83,515
Median Household Income
$41,228
Median Earnings
$1,610
Median Rent
$669,500
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - The venue combines performance space with dining, bar service, a commercial kitchen, and an outdoor patio.
Where is this theater & concert hall located?
The property is located at 102 Connell Highway Newport, RI.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 8,700 square feet on 0.956 acres; 165‑seat theater with dining, bar, and backstage areas; Commercial kitchen and outdoor patio
