Turnkey Bed and Breakfast
For Sale
$2,900,000
28 Weaver Avenue Newport, Newport, RI 02840
Updated Newport bed and breakfast with 12+ rooms, private full baths, and an active transient guest certificate.
Property Size5,181 SF
Price / SF$559.74
Days on Market33
Property Features for 28 Weaver Avenue Newport
General Information
Standard status
Active
Size
5,181 SF
Total Parking Spaces
7
Additional Details
Business Included
Yes
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$18,869
Amenities
Full
true
Laundry Room
5227
7
City Street
5181
1
Building Details
Building Size
5,181 SF
Year Built
1863
Buildings
1
Listing Agency:
(508) 674-4972
Listed By:
Mike Amaral · License #450550738
(508) 674-4972
Source:
Amaraladvantage
Added: Jul 10
Changed: Aug 11
Last Checked: Aug 11 at 10:09AM
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 Mike Amaral
Investment Insights
Based on property information with market context.
This updated bed and breakfast offers 12+ rooms, including 6 bedrooms and 8.5 baths, with each guest room featuring its own private full bath. The property is presented as turn-key, with recent improvements 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. It also holds the City of Newport Transient Guest Facility Certificate.
28 Weaver Avenue is positioned in a walkable area, providing guests convenient access to Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street dining and shops, beaches, and nearby historic mansions.
Operationally, the inn includes 7 off-street parking spaces and is described as holding an active Newport license, allowing daily guest stays throughout the year. Detailed financials are available upon request, and showings are coordinated with the listing agent.
28 Weaver Avenue is positioned in a walkable area, providing guests convenient access to Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street dining and shops, beaches, and nearby historic mansions.
Operationally, the inn includes 7 off-street parking spaces and is described as holding an active Newport license, allowing daily guest stays throughout the year. Detailed financials are available upon request, and showings are coordinated with the listing agent.
Key Highlights
- Updated Newport bed and breakfast with 12+ rooms, 6 bedrooms, and 8.5 baths in one building
- City of Newport transient guest facility certificate with an active Newport license for daily guests throughout the year
- Each guest room has its own private full bath
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,821
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
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Frequently Asked Questions
What type of property is this?
Bed & breakfast - Updated Newport bed and breakfast with 12+ rooms, private full baths, and an active transient guest certificate.
Where is this bed & breakfast located?
The property is located at 28 Weaver Avenue Newport 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: Updated Newport bed and breakfast with 12+ rooms, 6 bedrooms, and 8.5 baths in one building; City of Newport transient guest facility certificate with an active Newport license for daily guests throughout the year; Each guest room has its own private full bath
