Historic 5-Room
For Sale
$1,050,000
Pending
12 Collins Street Newport, Newport, RI 02840
Boutique inn with five guest rooms and common areas, with parking near downtown Newport and Broadway dining.
Property Size2,164 SF
Days on Market94
Property Features for 12 Collins Street Newport
General Information
Standard status
Pending
Size
2,164 SF
Total Parking Spaces
6
Zoning
GB
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$6,353
Building Details
Building Size
2,164 SF
Year Built
1900
Buildings
1
Stories
2
Listed By:
Kim Goodby
(508) 501-1443
Source:
Milestonerealtyinc
Added: Jun 4
Changed: Sep 4
Last Checked: Sep 4 at 2:11AM
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 Kim Goodby
Investment Insights
Based on property information with market context.
The Henry Collins Inn is an established five-room bed-and-breakfast style property offered for sale as a turnkey hospitality operation. The inn features tastefully appointed guest accommodations and inviting common areas designed for guest comfort, with the character of a historic Newport property. It is positioned for use as an owner-operator business or for an investor seeking to take over a ready-to-run inn.
Located at 12 Collins Street in Newport, the property is described as a short walk from Broadway’s acclaimed eateries and near downtown Newport’s shops, restaurants, and waterfront attractions. The listing notes ample on-site parking, which can support guest arrivals and day-to-day operations.
From a practical tenant-buyer standpoint, this offering centers on an inn that is already operating with an established presentation and guest experience. Buyers can evaluate the opportunity to maintain the boutique concept and continue operating on the same hospitality framework, supported by the property’s existing room configuration and guest-facing common spaces. As presented, it is suited to parties looking for a hospitality asset they can step into immediately rather than start from scratch.
Located at 12 Collins Street in Newport, the property is described as a short walk from Broadway’s acclaimed eateries and near downtown Newport’s shops, restaurants, and waterfront attractions. The listing notes ample on-site parking, which can support guest arrivals and day-to-day operations.
From a practical tenant-buyer standpoint, this offering centers on an inn that is already operating with an established presentation and guest experience. Buyers can evaluate the opportunity to maintain the boutique concept and continue operating on the same hospitality framework, supported by the property’s existing room configuration and guest-facing common spaces. As presented, it is suited to parties looking for a hospitality asset they can step into immediately rather than start from scratch.
Key Highlights
- Henry Collins Inn built in 1900
- Boutique inn with 5 guest rooms and common areas
- On‑site parking available near downtown Newport and Broadway dining
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,174
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Similar Off Market Nearby
- Harborside Inn — 1 Christies Landing, Newport, RI 02840
- Admiral Fitzroy Inn — 398 Thames St, Newport, RI 02840
- Fair Street Guest House — 20-28 Fair St, Newport, RI 02840
- Magnolia Manor — 11 Merton Rd, Newport, RI 02840
- Town & Tide Inn — 63 memorial blvd, newport, ri 02840
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Boutique inn with five guest rooms and common areas, with parking near downtown Newport and Broadway dining.
Where is this bed & breakfast located?
The property is located at 12 Collins Street Newport Newport, RI.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Henry Collins Inn built in 1900; Boutique inn with 5 guest rooms and common areas; On‑site parking available near downtown Newport and Broadway dining
