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Newport Updated Hospitality Property

28 Weaver Avenue, Newport, RI 02840

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For Sale

$3,100,000

Updated property with 12+ rooms, ideal for guest stays.

Type:Commercial

HighLights

City of Newport Transient Guest Facility Certificate (active license for daily guests).
Turnkey property with EXTENSIVE recent upgrades (roof, HVAC, fire system, etc.).
Prime, walkable location near Bellevue Avenue, Cliff Walk, Tennis Hall of Fame, and other attractions.
Six bedrooms, each with a PRIVATE full bath.
Strong history of diverse bookings (movie crews, weddings, etc.).
Seven off‑street parking spaces.

We can help!

Listing Contact

Gaye Barnett

Learn more

For Sale

$3,100,000

Updated property with 12+ rooms, ideal for guest stays.

Type:Commercial

Added:: Mar 19, 2026
Days on Market:: 86
Last Refresh:: Apr 25 at 6:19 am

Property Features for 28 Weaver Avenue

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1863

We can help!

Listing Contact

Gaye Barnett

Listing agent Gaye Barnett

Listing office Coldwell Banker Realty

Listing date Mar 19, 2026

Source Liongatere

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 Coldwell Banker Realty

HighLights

City of Newport Transient Guest Facility Certificate (active license for daily guests).
Turnkey property with EXTENSIVE recent upgrades (roof, HVAC, fire system, etc.).
Prime, walkable location near Bellevue Avenue, Cliff Walk, Tennis Hall of Fame, and other attractions.
Six bedrooms, each with a PRIVATE full bath.
Strong history of diverse bookings (movie crews, weddings, etc.).
Seven off‑street parking spaces.

Overview

This updated property in Newport presents an exceptional investment opportunity. It features over 12 rooms, including 6 bedrooms and 8.5 baths, and holds a City of Newport Transient Guest Facility Certificate. Each guest room is equipped with its own private full bath. The property has undergone recent upgrades, including a full fire sprinkler and alarm system, new water/sewer and dedicated sprinkler lines, updated HVAC/mini-splits, a new roof and decks, interior painting, many replaced windows, and new flooring. Located in a walkable area, guests can easily access Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street dining and shops, beaches, historic mansions, and other attractions. The property has a history of unique bookings, including movie crews, wedding parties, family reunions, tennis enthusiasts, and NYC getaway groups. It also offers 7 off-street parking spaces. Newport attracts over 3.5 million visitors annually and is a top East Coast wedding destination, with convenient year-round travel due to its proximity to NYC, Boston, and Providence Airport. With its active Newport license, this property can welcome daily guests throughout the year. It is a turnkey offering intended for hospitality purposes.

Location Intelligence

Current Use by Public Records

Bed & breakfasts

Suggested Use

Similar Places Nearby

Artful Lodger Inn — 503 Spring St, Newport, RI 02840
Irish American INN — 646 Thames St, Newport, RI 02840
37 Wellington — 37 Wellington Ave, Newport, RI 02840
Luxury King Room With Jacuzzi Tub at Artful Lodger — 503 spring st, newport, ri 02840
Grace Room at Artful Lodger Inn - King — 503 spring st, newport, ri 02840

Location Insight

Map
Local Demand

City: Newport
County: Newport
State: Rhode Island
Longitude: -71.3044078
Latitude: 41.4811202

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For sale
Bed & breakfasts
RI
Newport
02840
28 Weaver Avenue

What type of property is this?

Bed & breakfast - Updated property with 12+ rooms, ideal for guest stays.

Where is this bed & breakfast located?

The property is located at 28 Weaver Avenue Newport, RI.

What is the asking price?

The asking price for this property is $3,100,000.

What are key features of this property?

This property features: City of Newport Transient Guest Facility Certificate (active license for daily guests).; Turnkey property with EXTENSIVE recent upgrades (roof, HVAC, fire system, etc.).; Prime, walkable location near Bellevue Avenue, Cliff Walk, Tennis Hall of Fame, and other attractions.