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Mixed-Use Condo Package
For Sale
Contact for pricing
Pending

452 Thames St, Newport, RI 02840

Package of three downtown Newport condos includes two commercial units and one residential unit with off-street parking.

Property SizeContact for details
Days on Market122

Property Features for 452 Thames St

General Information

Standard status Pending
Property subtype Retail
Zoning Lb
Listing Agency: RE/MAX Profnl. Newport, Inc
Listed By: Justine Tarlton · License #REB.0019593
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 9 at 5:41AM

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 for-sale package includes three condos sold together: two commercial condos and one residential condo, with off-street parking. The property is zoned LB.

Located at 452 Thames St in Downtown Newport, the commercial components are on the first floor and are described as having strong exposure. The site is positioned across from Iyrs.

Offered as a single package, the mix of commercial and residential space can support buyers looking to manage both income-producing and live/work-style use within the same ownership structure. Prospective buyers should confirm all intended uses and requirements directly with the appropriate authorities, based on the LB zoning designation provided.

Key Highlights

  • Package of three downtown Newport condos: two commercial condos and one residential condo
  • Includes off‑street parking for the condo package
  • All units are located in downtown Newport, across from Iyrs

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Carpet & Flooring Store Electrical Service Daycare Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,837
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Package of three downtown Newport condos includes two commercial units and one residential unit with off-street parking.
Where is this live-work space located?
The property is located at 452 Thames St Newport, RI.
What are key features of this property?
This property features: Package of three downtown Newport condos: two commercial condos and one residential condo; Includes off‑street parking for the condo package; All units are located in downtown Newport, across from Iyrs
More about this property
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