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Property profile & analytics
OFF-MARKET
Office Spaces

79 Thames St Newport, RI 02840

Property ID
Property summary
AI-generated overview

This exceptional 600-square-foot office space, located at 79 Thames Street in Newport, Rhode Island (zip code 02840), presents a unique opportunity for businesses seeking a vibrant and highly visible location. The property is zoned GB - General Business Zone and is a single-tenant space, perfect for a small business or professional office. The traditional office layout features an open-concept design, maximizing space and functionality. Large windows along the southeast-facing walls bathe the interior in abundant natural light. A key advantage is the outstanding street visibility afforded by its Thames Street location, offering excellent signage opportunities within a high-traffic area with significant pedestrian activity. Adding to its appeal, the property shares a backyard with the Newport Gulls baseball stadium, providing a unique and lively atmosphere, ideal for employees seeking convenient after-work entertainment. This first-floor space is ready for immediate occupancy and offers a blend of professional ambiance and dynamic surroundings. The property is easily accessible and situated within a thriving commercial district.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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