79 Thames St Newport, RI 02840
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.