Water-View Apartment
For Sale
Contact for pricing
150 Bay View Drive, Jamestown, RI 02835
R-40-zoned residential property with private-entry residences and conversion potential for condominium or short-term rental use.
Property Size22,800 SF
Lot Size4.08 Acres
Days on Market105
Property Features for 150 Bay View Drive
General Information
Standard status
Active
Size
22,800 SF
Net Rentable
22,800 SF
Class
B
Lot size
4.08 Acres
Property subtype
Multifamily, Hospitality
Zoning
R-40
Investment Type
Redevelopment
Units
Unit Mix
19 x 2BR
Multifamily Units
19
Additional Details
Road Access
Yes
Building Details
Year Built
1981
Listing Agency:
Hilco Global
Listed By:
Jordan Schack · License #475.204934
Source:
Crexi
Added: May 18
Changed: Aug 30
Last Checked: Aug 30 at 6:13AM
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 Hilco Global
Investment Insights
Based on property information with market context.
This 1981 apartment property contains 19 two-bedroom residences with private entrances, spacious layouts, and panoramic water views. The improvements total approximately 22,800± SF of NRA across 4.08± AC, creating a substantial residential asset with an established multi-unit configuration.
The property is located at 150 Bay View Drive in Jamestown, Rhode Island, approximately two miles from the Claiborne Pell Bridge and downtown Newport. Its setting places the asset within a tourism and second-home market, while R-40 zoning provides the stated residential land-use framework.
The property is being offered in its entirety. The source information identifies potential paths including condominium conversion, market-rate housing, and short-term rental operations, subject to applicable approvals.
The property is located at 150 Bay View Drive in Jamestown, Rhode Island, approximately two miles from the Claiborne Pell Bridge and downtown Newport. Its setting places the asset within a tourism and second-home market, while R-40 zoning provides the stated residential land-use framework.
The property is being offered in its entirety. The source information identifies potential paths including condominium conversion, market-rate housing, and short-term rental operations, subject to applicable approvals.
Key Highlights
- 19 two‑bedroom residences averaging 1,200± SF each
- 22,800± SF NRA across 4.08± AC
- Panoramic water views and private entries
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
Demographics for 02835, RI
5,559
Population
3,177
Households
1.7
Avg Household Size
55
Median Age
68%
College-Educated
98%
High-School Grad
9.4 sq mi
ZIP Area
591
Density / Sq Mi
$141,442
Median Household Income
$80,625
Median Earnings
$1,932
Median Rent
$752,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - R-40-zoned residential property with private-entry residences and conversion potential for condominium or short-term rental use.
Where is this apartment building located?
The property is located at 150 Bay View Drive Jamestown, RI.
What are key features of this property?
This property features: 19 two‑bedroom residences averaging 1,200± SF each; 22,800± SF NRA across 4.08± AC; Panoramic water views and private entries
