Restaurants

Newport, RI Restaurants for Sale

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Middletown, RI Jamestown, RI Portsmouth, RI Narragansett, RI Little Compton, RI South Kingstown, RI North Kingstown, RI Tiverton, RI
Theater Venue with Restaurant
Updated: Sep 23
Theater Venue with Restaurant

102 Connell Highway, Newport, RI 02840

$4,500,000
0.96 AC lot
Approximately 8,700 SF theater and restaurant property
0.956‑acre site with substantial on‑site parking
165‑seat theater with dining and bar areas
2025 traffic count of 19,686 vehicles per day
Commercial kitchen, outdoor patio, and backstage support areas
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Theater and Restaurant Property
Updated: Sep 23
Theater and Restaurant Property

102 Connell Highway, Newport, RI 02840

$4,500,000
8,700 square feet on 0.956 acres
165‑seat theater with dining, bar, and backstage areas
Commercial kitchen and outdoor patio
On‑site parking
2025 traffic count of 19,686 vehicles per day on Connell Highway
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Established Restaurant in Prime Location
Established Restaurant in Prime Location

163 JT Connell Hwy, Newport, RI 02840

$139,999
0.06 AC lot

Thriving restaurant with loyal customer base in Newport's commercial corridor.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 3 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.

Prime Commercial Property For Sale
Prime Commercial Property For Sale

72 East Main Road, Middletown, RI 02842

$1,170,000
2,236 sqft

Commercial property with high visibility and ample parking in Middletown.

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Restaurant Near Portsmouth Beaches
Restaurant Near Portsmouth Beaches

501 Park Avenue, Portsmouth, RI 02871

$849,900
1,449 sqft

Thriving restaurant with dining room, bar, and patio.

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Restaurant with Outdoor Patio
Restaurant with Outdoor Patio

501 Park Avenue, Portsmouth, RI 02871

$849,900
1,449 sqft 0.34 AC lot

Restaurant property with a full-service bar and customer seating across indoor and outdoor areas.

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Conventional Restaurant with Parking
Conventional Restaurant with Parking

72 E Main Road, Middletown, RI 02842

$1,170,000
2,236 sqft 0.26 AC lot

Existing bakery/restaurant with on-site parking, public sewer, and a flexible commercial layout.

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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.

Commercial Land with Road Frontage
Commercial Land with Road Frontage

4000 Quaker Lane, North Kingstown, RI 02852

$399,000
1.71 AC lot

Heavy Business-zoned parcel with public water and access to gas and three-phase power.

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Tiverton Land Ready to Build
Tiverton Land Ready to Build

730 Main Road, Tiverton, RI 02878

$489,900
0.48 AC lot

Commercial land in Tiverton, ready for development with approvals.

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Prime Land in Dunn's Corners
Prime Land in Dunn's Corners

261 Post Road, Westerly, RI 02891

$849,000
0.92 AC lot

0.92 acres with 200+ feet of frontage on Route 1.

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Off-Market Properties in Newport, RI

Consider similar Off-Market properties in Newport, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Newport, RI Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Newport, RI, showcased through 3 active listings on our real estate platform.

Sale prices for restaurant properties in Newport, RI start at $139,999, averaging $3,046,666, and reaching up to $4,500,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Bars & Pubs 1
Commercial kitchens 1
Turn key restaurants 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
02840 $3M

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Newport County

New Delisted

Total CRE Inventory on Market (SF)

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