Entity Owned Property summary
This exceptional 1,500 square foot office space is available for immediate lease at 449 Thames Street in Newport, Rhode Island. Located within the International Yacht Restoration School (IYRS) building, this traditional office space offers a desirable open-concept layout, perfect for a variety of businesses. The space boasts beautiful, well-maintained hardwood floors throughout. The building, constructed in 1910, provides a unique blend of historical charm and modern functionality. This listing includes access to five convenient off-street parking spaces, a significant advantage in a vibrant waterfront city like Newport. The property is part of a multi-tenant building, sharing a well-maintained common area with other businesses. The total building size is 28,334 square feet, with 1,500 square feet currently vacant and ready for occupancy. The property's address is 449 Thames Street, Newport, RI 02840, situated in Newport County. This prime location offers easy access to Newport's bustling downtown area, its renowned waterfront, and various amenities. This is a rare opportunity to secure a well-appointed office space in a highly sought-after location. Contact us today to schedule a viewing.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
100.070. - Commercial storage and sale of fuel or bottled gas. The manufacture, processing, assembly or storage of goods and the commercial storage of fuel or bottled gas, when located in a waterfront business district (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
WB · Newport, RI100.070. - Commercial storage and sale of fuel or bottled gas. The manufacture, processing, assembly or storage of goods and the commercial storage of fuel or bottled gas, when located in a waterfront business district (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
100.070. - Commercial storage and sale of fuel or bottled gas. The manufacture, processing, assembly or storage of goods and the commercial storage of fuel or bottled gas, when located in a waterfront business district (…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for WB in Newport, RI.
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