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    Newport, RI Office Buildings for Sale

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    Middletown, RI Jamestown, RI Portsmouth, 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
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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
    0.42 Acres

    Middletown Office Building For Sale

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

    460 E Main Road, Middletown, RI 02840
    View details
    Warwick Commercial Opportunity on Sandy
    $1,400,000
    0.98 Acres

    Warwick Commercial Opportunity on Sandy

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

    449 Sandy Lane, Warwick, RI 02889
    View details
    Middletown Commercial Properties For Sale
    $1,500,000
    0.68 Acres

    Middletown Commercial Properties For Sale

    Two adjacent properties zoned for limited business in Middletown, RI.

    460 E Main Road, Middletown, RI 02842
    View details
    Warwick Flexible-Use Professional Office Building
    $1,299,999
    0.41 Acres

    Warwick Flexible-Use Professional Office Building

    High-visibility Warwick office building suitable for medical, wellness, or general use.

    2871 Post, Warwick, RI 2886
    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
    $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
    View details
    Commercial Property in Brooklyn, CT
    $39,000
    0.42 Acres

    Commercial Property in Brooklyn, CT

    Commercial property for sale in Brooklyn, Connecticut.

    53 S Main Street, Brooklyn, CT 06234
    View details
    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
    View details
    Glocester Commercial Land For Sale
    $1,590,000
    63.07 Acres

    Glocester Commercial Land For Sale

    63+ acre commercial land with development potential in Glocester, RI.

    Putnam Pike, Glocester, RI 02814
    View details

    Newport, RI Office Buildings Investment Opportunities Market Analysis

    Explore 1 office buildings for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 10,800 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for office properties in Newport, RI start at $2,200,000, averaging $2,200,000, 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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    Operating Costs & Financing

    Tax Rate (average for all types) 1.47%
    Property Tax per SF $6.96 per sq ft
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Leading Commercial Asset Segments

    Office Units 12
    Office buildings 2
    Creative space 1

    Newport Demographics Overview

    Population 25K
    Population Growth (5Y) -5.8%
    Median Household Income $83,515
    College Educated 81.9%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    02840 $2.2M

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