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Convenient Newport Office Space Available
For Lease
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221 Third St, Newport, RI 02840

Office space for rent near downtown Newport and Naval Base.

Space Size147 SF - 1,050 SF
Property Size27,072 SF
Days on Market1030

Property Features for 221 Third St

General Information

Standard status Active
Size 147 SF - 1,050 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 27,072 SF
Year Built 1988
Tenancy Multiple

Spaces For Lease

at 221 Third St Contact us

Suite 100

Size
292 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 301

Size
660 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 302

Size
330 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 304

Size
147 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 406

Size
1,050 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 600

Size
522 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 601

Size
483 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 602

Size
550 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Kirby & Kirby
Listed By: Molly Kirby · License #REB.0019291
Source: Crexi
Added: Nov 6, 2023 Changed: Aug 26 Last Checked: Aug 31 at 5:33PM

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 Kirby & Kirby

Investment Insights

Based on property information with market context.

The Admirals Gate Tower, located at 221 Third Street in Newport, RI, offers a convenient workspace just north of downtown Newport. The property is situated off the Jamestown bridge and within minutes of the Naval Base. On-site parking is available. The rental rate includes the cost of all utilities, such as electricity, heating, air conditioning, and water. Tenants are responsible for phone and internet expenses. Floor plan and additional information are available.

Key Highlights

  • Convenient location near downtown Newport and the Jamestown Bridge
  • Ample on‑site parking
  • Utilities included in rent (electric, heat, AC, and water)

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Nail Salon Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

450
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Office space for rent near downtown Newport and Naval Base.
Where is this office building located?
The property is located at 221 Third St Newport, RI.
What is the lease rate?
The lease rate is $21.71 SF/Yr.
What are key features of this property?
This property features: Convenient location near downtown Newport and the Jamestown Bridge; Ample on‑site parking; Utilities included in rent (electric, heat, AC, and water)
(401) 324-0048 Call to check price and availability
More about this property
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