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    Newport, RI
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    Newport, RI Office Buildings for Sale

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    Middletown, RI Jamestown, RI Narragansett, RI Little Compton, RI Portsmouth, RI North Kingstown, RI South Kingstown, RI Tiverton, RI
    Well-Maintained Office Building For Sale
    Updated: May 16
    Well-Maintained Office Building For Sale

    Newport, RI 02840

    $875,000
    3,197 sqft
    Excellent visibility at a lighted intersection for easy access.
    Centrally located with Limited Business zoning allowing for a multitude of options.
    Eight office spaces across two stories, suitable for a growing business.
    Potential for expansion with an unfinished third floor.
    Newer roof, heating system, and electrical wiring.
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    This listing looks promising.

    Here's a quick look at some key insights for

    460 East Main Road, Middletown, RI, RI 02840

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $437K
      Suggested

    • Last Sold

      Oct 2010
      $393K

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1894
    View Property Analytics
    Versatile Building in Downtown Newport
    Updated: May 15
    Versatile Building in Downtown Newport

    28 Pelham Street, Newport, RI 02840

    $2,200,000
    10,800 sqft
    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.
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    High-Finish Office Building
    High-Finish Office Building

    1575 South County Trail, East Greenwich, RI 02818

    Contact for pricing

    10,290± SF office building with elevator, new roof, high-end finishes, pond, and 40+ parking spaces.

    View details
    East Greenwich Freestanding Office Building
    East Greenwich Freestanding Office Building

    5670 Post Road, East Greenwich, RI 02818

    Contact for pricing
    1,560 sqft

    Freestanding office building with 12 parking spaces in East Greenwich.

    View details
    Free-Standing Office Building
    Free-Standing Office Building

    7291 Post Road, North Kingstown, RI 02852

    Contact for pricing

    Freestanding office building with updated roof and HVAC, plus parking for 25 vehicles and a lease in place.

    View details
    Office and Industrial Mixed-Use Complex
    Office and Industrial Mixed-Use Complex

    6946 Post Rd, North Kingstown, RI 02852

    Contact for pricing

    Mixed office and industrial space with totally updated conference rooms, kitchenettes, bathrooms, and main road retail signage.

    View details

    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.

    Tiverton Land Ready to Build
    Tiverton Land Ready to Build

    730 Main Road, Tiverton, RI 02878

    $489,900
    0.48 AC lot

    Commercial land in Tiverton, ready for development with approvals.

    View details
    Norwich Industrial Park Land Parcels
    Norwich Industrial Park Land Parcels

    60-70 Connecticut Ave, Norwich, CT 06360

    $2,990,000
    17.16 AC lot

    17.16+ acres in Norwich Industrial Park for sale.

    View details
    Industrial Land with Major Road Frontage
    Industrial Land with Major Road Frontage

    267 Waterford Parkway N, Waterford, CT 06385

    $1,250,000
    68.00 AC lot

    Industrial-zoned land offering 1,976 feet of frontage and municipal water and sewer availability.

    View details
    Commercial Vacant Lot For Sale
    Commercial Vacant Lot For Sale

    1579 Washington Street, Braintree, MA 02184

    $490,000

    Vacant commercial lot zoned for general business use.

    View details

    Newport, RI Office Buildings Market Trends and Statistics

    Explore 2 office buildings for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 13,997 square feet of properties for sale, with an estimated market value of $3,075,000.

    Sale prices for office properties in Newport, RI start at $875,000, averaging $1,537,500, 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 5
    Office buildings 4

    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 $1.5M

    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)

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