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Newport, RI

Mixed-Use

Newport, RI Mixed-use Properties for Sale

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Middletown, RI Jamestown, RI Narragansett, RI Portsmouth, RI South Kingstown, RI Little Compton, RI Tiverton, RI North Kingstown, RI

Renovated Mixed-Use Building on Thames

Updated: Oct 18, 2025

Renovated Mixed-Use Building on Thames

491 Thames Street, Newport, RI 02840

$3,250,000

High income generation from three luxury short‑term rental suites and two ground‑floor retail spaces.
Prime location in the high‑traffic Waterfront Business Zone on Lower Thames Street.
Proven short‑term rental success with Airbnb Superhost status, high ratings, and numerous positive reviews.
Enjoy harbor views from the fully renovated rental suites featuring high‑end finishes and private decks.
Retail units renovated with stamped ceilings, ceramic tile flooring, and updated baths, occupied by long‑term tenants.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Retail and Apartment Building

Mixed-Use Retail and Apartment Building

366 Wood Street, Bristol, RI 02809

$550,000

2,100 sqft

First-floor retail with an upper two-bedroom apartment offers flexible live/work or investment options.

Mixed-Use Building with Two Apartments

Mixed-Use Building with Two Apartments

30 Bradford Street, Bristol, RI 02809

$1,599,000

5,120 sqft

Restored downtown mixed-use building with versatile commercial space, two apartments, central air, and off-street parking for seven.

Mixed-Use Property with Income Potential

Mixed-Use Property with Income Potential

32 Main Road, Tiverton, RI 02878

$1,100,000

12,133 sqft

Three buildings with 13 rentable units, below-market rents.

Mixed-Use Property with Income Potential

Mixed-Use Property with Income Potential

32 Main Rd, Tiverton, RI 02878

$1,100,000

11,841 sqft

Three buildings with 13 rentable units, offering income potential.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Kingstown Road Development Opportunity

Kingstown Road Development Opportunity

1907 Kingstown Road, South Kingstown, RI 02879

$1,495,000

Three lots for sale near the University of Rhode Island.

Prime Location Vacant Lot

Prime Location Vacant Lot

2388 Main Road, Tiverton, RI 02878

$400,000

0.37 AC lot

0.37-acre vacant lot at high-traffic intersection in Tiverton.

Planned Development Redevelopment Land

Planned Development Redevelopment Land

2 Fairway Drive, Coventry, RI 02816

$599,900

36.94 AC lot

36.94-acre site with open former fairways, wooded buffers, and an existing paved parking area for 30+ vehicles.

Cranston Land For Sale

Cranston Land For Sale

555 Park Avenue, Cranston, RI 02910

$119,900

0.06 AC lot

Land with existing foundation in Cranston, Rhode Island.

Off-Market Properties in Newport, RI

Consider similar Off-Market properties in Newport, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

OFFICE/RESIDENTIAL (MIXED USE)

527 Thames St, Newport, RI 02840-6710

Value Estimation by Request

5,255 sqft 0.06 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

435 Thames St, Newport, RI 02840-6753

$580,000

Estimated value

3,297 sqft 0.09 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

29 Thames St, Newport, RI 02840-2569

$565,000

Estimated value

3,558 sqft 0.10 AC lot

372 Thames St, Unit 380

OFFICE/RESIDENTIAL (MIXED USE)

372 Thames St, Newport, RI 02840-6625

Unit 380

$3,595,000

Estimated value

12,132 sqft 0.09 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

485 Thames St, Newport, RI 02840-6718

$570,000

Estimated value

3,534 sqft 0.07 AC lot

140-144 Broadway

OFFICE/RESIDENTIAL (MIXED USE)

140-144 Broadway, Newport, RI 02840

$2,625,000

Estimated value

7,102 sqft 0.24 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

267 Spg St, Newport, RI 02840-6814

Value Estimation by Request

3,573 sqft 0.05 AC lot

138-142 Thames St, Unit 142

OFFICE/RESIDENTIAL (MIXED USE)

138-142 Thames St, Newport, RI 02840-6629

Unit 142

$9,750,000

Estimated value

16,755 sqft 0.20 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

10 Franklin St, Newport, RI 02840-3013

$2,900,000

Estimated value

3,522 sqft 0.06 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

382 Spg St, Newport, RI 02840-6874

Value Estimation by Request

3,256 sqft 0.13 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

84 Thames St, Newport, RI 02840-2542

Value Estimation by Request

1,508 sqft 0.03 AC lot

41 Memorial Blvd

OFFICE/RESIDENTIAL (MIXED USE)

41 Memorial Blvd, Newport, RI 02840-3637

$1,165,000

Estimated value

2,376 sqft 0.15 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

358 Broadway, Newport, RI 02840-1735

Value Estimation by Request

3,338 sqft 0.13 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

372 Broadway, Newport, RI 02840-1777

$915,000

Estimated value

6,103 sqft 0.25 AC lot

172-176 Broadway

OFFICE/RESIDENTIAL (MIXED USE)

172-176 Broadway, Newport, RI 02840

$1,070,000

Estimated value

4,784 sqft 0.08 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

122 Touro St, Newport, RI 02840-2967

Value Estimation by Request

3,237 sqft 0.10 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

7 Broadway, Newport, RI 02840-2936

$560,000

Estimated value

3,559 sqft 0.06 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

114 Touro St, Newport, RI 02840-2967

$965,000

Estimated value

3,358 sqft 0.13 AC lot

39 12th Memorial W Blvd

OFFICE/RESIDENTIAL (MIXED USE)

39 12th Memorial W Blvd, Newport, RI 02840

$895,000

Estimated value

5,052 sqft 0.15 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

596 Thames St, Newport, RI 02840-6708

$1,020,000

Estimated value

2,417 sqft 0.07 AC lot

88 Dr Marcus Wheatland Blvd

OFFICE/RESIDENTIAL (MIXED USE)

88 Dr Marcus Wheatland Blvd, Newport, RI 02840-2061

Value Estimation by Request

1,723 sqft 0.05 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

515 Thames St, Newport, RI 02840-6717

$1,585,000

Estimated value

2,728 sqft 0.04 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

424 Thames St, Newport, RI 02840-6757

$1,490,000

Estimated value

2,696 sqft 0.03 AC lot

Newport, RI Mixed-Use Properties Market Trends and Statistics

Explore 72 mixed-use properties for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $3,250,000.

Sale prices for multi use buildings in Newport, RI start at $3,250,000, averaging $3,250,000, and reaching up to $3,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 25K

Population Growth (5Y) -5.8%

Median Household Income $83,515

College Educated 81.9%

High-Yield Neighborhoods for Investment

Identify Newport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
02840	$2.5M

Taxes & Financing

Tax Rate (average for all types) 1.47%

Property Tax per SF $6.96 per SF

Tax Rate vs County Average 0.18 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Newport County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Newport County

Retail

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