Rare opportunity to purchase a large mixed use building, zoned LB, in downtown Newport. Two properties being sold together, 458 Thames and 460-462 Thames make up the whole block. 458 Thames has two commercial storefronts and two residential townhouse style units. 460-462 Thames is currently set up as a restaurant with four apartments and storage. Sale doesn't include the restaurant business and it's contents. Great exposure for the commercial tenants on the first floor, plus potential to renovate and improve the residential apartments. Plenty of off-street parking, and located in the heart of Newport across from IYRS, this building has great potential. Don't miss out on this opportunity!
Off market
$1,662,600
458 Thames St, Newport, RI 02840
4beds
0baths
10,098sqft
Condo
Built in 1880
-- sqft lot
$1,662,600 Zestimate®
$165/sqft
$4,661 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Other, Gas
Interior area
- Total interior livable area: 10,098 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 3,920 sqft
Details
- Parcel number: NEWPM032B0078
Construction
Type & style
- Home type: Condo
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1880
Community & neighborhood
Location
- Region: Newport
Services availability

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Sell for more on Zillow
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$1,662,600
2% more+ $33,252
With Zillow Showcase(estimated)
$1,695,852