Technical
Financial
Distress signals
Property profile

89 Thames St Newport, RI 02840

OFF-MARKET
Investment properties
Property ID
US76-0134232
2,517 SF 0.05 ac lot Built 1870
Entity Owned 8-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1870
Construction FRAME
Total area 2,517 SF
Lot 0.05 ac (2,204 SF)
Zoning code GB
APN NEWP M:017 B:0236
UPID US76-0134232

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Art Gallery Artist
  • Photography Service (Bike/Boat/Book/etc) Store

Location

89 Thames St Newport, RI 02840-2536
Newport metro Census 41100 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2016
Price N/A
2005
Price N/A
1998
$240,000
1988
$333,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GB · Newport, RI
Zoning description

R-40A Residential R-60 District R-60 Residential R-120 District R-120 Residential R-160 District R-160 B. Commercial Districts Code Limited Business District LB Waterfront Business District WB General Business District G…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 89 Thames St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message