Newport Updated Hospitality
28 Weaver Avenue Newport, RI 02840
For Sale
$2,900,000
Updated property with 12+ rooms, ideal for guest stays.
Days on Market132
Property Features for 28 Weaver Avenue
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1863
Listing Agency:
Coldwell Banker Realty
(203) 213-0414
Listed By:
Gaye Barnett
(203) 213-0414
Source:
Liongatere
Added: Mar 19
Changed: Jul 10
Last Checked: Jul 24 at 5:36PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market 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
Frequently Asked Questions
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 $2,900,000.
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.
