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Newport, RI Short Term Rental Properties for Sale

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Renovated Mixed-Use Building, Newport
$3,250,000
0.06 Acres

Renovated Mixed-Use Building, Newport

491 Thames St, Newport, RI 02840

High-visibility mixed-use building with income potential in Newport, RI.

  • Exceptional income generation from 3 luxury short‑term rental suites and 2 ground‑floor retail spaces.
  • Prime location in the high‑traffic Waterfront Business Zone on Lower Thames Street.
  • Proven operational success with Airbnb Superhost status for over three years, high ratings, and numerous positive reviews.
  • Fully renovated with high‑end finishes, private decks, and harbor views in all suites.
  • Two ground‑floor retail spaces with long‑term tenants and annual renewals.
Last Update: Oct 29
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Waterfront Resort in Newport, RI
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Waterfront Resort in Newport, RI

551 Thames St, Newport, RI 02840

Premier waterfront resort with condo conversion potential in Newport.

  • Direct waterfront access in downtown Newport, a premier coastal destination.
  • Opportunity for phased condo conversion or repositioning to a condo hotel.
  • Amenity‑rich property with INDOOR/OUTDOOR POOLS, FITNESS CENTER, and TENNIS COURTS.
  • Spacious TWO‑BEDROOM, TWO‑BATHROOM suites with PRIVATE BALCONIES and FULL KITCHENS.
  • Located in a supply‑constrained submarket experiencing a surge in luxury transactions.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Property Near Mohegan Sun
$265,000

Two-Unit Property Near Mohegan Sun

Investment opportunity near Mohegan Sun with rental or owner-occupancy potential.
29 Dunham St, Norwich, CT 06360
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Edgartown Compound: Main and Guest House
$2,650,000
4,115 SF

Edgartown Compound: Main and Guest House

Edgartown property with main house, guest house, and pool.
357 W Tisbury Rd, Edgartown, MA 02539
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Rare Multifamily Residence in Edgartown
$1,350,000

Rare Multifamily Residence in Edgartown

Multifamily property near shops, restaurants, and harbor.
48 West Tisbry Rd, Edgartown, MA 02539
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Prime Commercial Property in Norwich
$478,000
2,430 SF

Prime Commercial Property in Norwich

High-traffic commercial and residential income property in Norwich, CT.
82 Salem Tpke, Norwich, CT 06360
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Newport, RI Short Term Rental Properties Investment Opportunities Market Analysis

Explore 2 short term rental properties for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 2,614 square feet of properties for sale, with an estimated market value of $3,250,000.

Prices for short term rental properties in Newport, RI start at $3,250,000, averaging $3,250,000, and reaching up to $3,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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