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    Newport, RI Office Buildings for Sale

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    Middletown, RI Narragansett, RI Jamestown, RI
    Versatile Investment Property in Newport
    $2,200,000
    10,800 SF
    Versatile Investment Property in Newport

    28 Pelham, Newport, RI 2840

    Multi-tenant building in historic downtown Newport, ideal for various uses.
    • Prime location in historic downtown Newport, one block from Bowens Wharf and Thames Street.
    • Substantial 10,800 sq ft building with a full basement, offering significant space and potential.
    • Currently operating as a multi‑tenant office building with 16 tenants and generating consistent income.
    • Zoned General Business, allowing for versatile uses including residential conversion or boutique hotel (subject to approvals).
    • Suitable for various buyers: investors, owner‑occupants, or developers.
    Updated: Mar 4
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    Versatile Building in Downtown Newport
    $2,200,000
    10,800 SF
    Versatile Building in Downtown Newport

    28 Pelham Street, Newport, RI 2840

    Three-story, 10,800 SF building in the heart of Newport.
    • Prime location in the heart of historic downtown Newport, one block from Bowens Wharf and Thames Street.
    • Versatile 10,800 sq ft building with full basement suitable for investment, residential conversion, or boutique hotel (subject to approvals).
    • Currently operating as a multi‑tenant office building with 16 tenants on yearly leases, providing immediate income.
    • Zoned General Business, allowing for a range of alternative uses including residential or transient guest facilities (subject to approvals).
    • Well‑laid‑out floor plans across three stories, appealing to owner‑occupants, developers, or investors.
    Updated: May 15
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    Well-Maintained Office Building For Sale
    $875,000
    3,197 SF
    Well-Maintained Office Building For Sale

    Two-story office building with excellent visibility and business potential.

    Newport, RI 2840

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Middletown Office Building For Sale
    $875,000
    3,197 SF
    Middletown Office Building For Sale

    Well-maintained office building with excellent visibility in Middletown, RI.

    460 E Main Road, Middletown, RI 02840

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    Warwick Commercial Opportunity on Sandy
    $1,400,000
    7,870 SF
    Warwick Commercial Opportunity on Sandy

    7,870 sq ft commercial space on a 0.98-acre corner lot.

    449 Sandy Lane, Warwick, RI 02889

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    Middletown Commercial Properties For Sale
    $1,500,000
    4,796 SF
    Middletown Commercial Properties For Sale

    Two adjacent properties with business zoning in Middletown, Rhode Island.

    460 E Main Road, Middletown, RI 02842

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    Warwick Commercial Opportunity on Sandy
    Contact for pricing
    7,870 SF
    Warwick Commercial Opportunity on Sandy

    7,870 sq ft commercial space on a full acre.

    449 Sandy Lane, Warwick, RI 02889

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    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.

    Narragansett Commercial Land Opportunity
    $1,500,000
    0.84 Acres
    Narragansett Commercial Land Opportunity

    High-visibility land parcel near Route 1, Narragansett beaches.

    360 Kingstown Road, Narragansett, RI 02882

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    Tiverton Land Ready to Build
    $489,900
    0.48 Acres
    Tiverton Land Ready to Build

    Commercial land in Tiverton, ready for development with approvals.

    730 Main Road, Tiverton, RI 02878

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    Cleared Industrial Lot For Sale
    Contact for pricing
    1.50 Acres
    Cleared Industrial Lot For Sale

    1.5 acre industrial lot near freight railroad and I-195.

    496 Hixville Rd, North Dartmouth, MA 2747

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    Woonsocket Commercial Land For Sale
    $375,000
    0.92 Acres
    Woonsocket Commercial Land For Sale

    0.92 acre commercial land parcel in high traffic area.

    603 Clinton Street, Woonsocket, RI 02895

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    Newport, RI Office Buildings Market Trends and Statistics

    Explore 3 office buildings for sale in Newport, RI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 24,797 square feet of properties for sale, with an estimated market value of $5,275,000.

    Sale prices for office properties in Newport, RI start at $875,000, averaging $1,758,333, and reaching up to $2,200,000 — 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

    Office Units 12
    Office buildings 4
    Creative space 1

    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 $1.8M

    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

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