Newport Updated Hospitality
28 Weaver Avenue Newport, RI 02840
28 Weaver Avenue, Newport, RI, 02840
$2,900,000
For Sale
$2,900,000
Updated property with 12+ rooms, ideal for guest stays.
Days on Market122
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 Checked: Jul 17 at 8:23 am
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 by Public Records
Bed & breakfasts
Similar For Sale Nearby
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
FAQs
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.
