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Ad #6739032

MLS #1395659

This high visibility, fully renovated 1840 mixed-use building

491 Thames St, Newport, RI 02840

$3,250,000

--Beds

--Baths

4,800Sqft

0.06Acres

About this property

This high visibility, fully renovated 1840 mixed-use building delivers exceptional income from three luxury short-term rental suites and two ground-floor retail spaces. It is located in the Waterfront Business Zone, a high traffic area on Lower Thames Street. All suites are recently renovated with high-end finishes, private decks, and harbor views. The retail units have been renovated with stamped ceilings, ceramic tile flooring and updated baths. Each 800 sq. ft. unit provides additional income with proven long-term tenants with annual renewals. The property also includes an on-site garage and 2 additional parking spaces. Current operations have maintained 3 registered, legal suites in Superhost status for over three years, with a 4.9-star average, 92% 5-star reviews and over 500 reviews in the past 12 months. Offered at $3,250,000 USD, this property combines historic charm, operational stability and exceptional income - a rare opportunity in Newport's thriving waterfront market.

Property Features

0 Beds

0 Baths

4,800 Sqft

Built in 1850

0.06 Acres

3 Stories

Beachview

On Beachfront

Siding: Frame

$13,451 / yr property tax

Newport County

Thames Street Harbour Community

Additional Photos

Contact Information

James Manson

Hogan Associates | Christie's International Real Estate

401-845-9500

Location

Listing Agent: James Manson 401-845-9500
Broker: Hogan Associates | Christie's International Real Estate 401-845-9500 Listing Site
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

BeachHouse.com

Printed Aug 11, 2026

Photo Gallery

This high visibility, fully renovated 1840 mixed-use building - photo 1

This high visibility, fully renovated 1840 mixed-use building - photo 2

This high visibility, fully renovated 1840 mixed-use building - photo 3

This high visibility, fully renovated 1840 mixed-use building - photo 4

This high visibility, fully renovated 1840 mixed-use building - photo 5

This high visibility, fully renovated 1840 mixed-use building - photo 6

This high visibility, fully renovated 1840 mixed-use building - photo 7

This high visibility, fully renovated 1840 mixed-use building - photo 8

This high visibility, fully renovated 1840 mixed-use building - photo 9

This high visibility, fully renovated 1840 mixed-use building - photo 10

This high visibility, fully renovated 1840 mixed-use building - photo 11

This high visibility, fully renovated 1840 mixed-use building - photo 12

This high visibility, fully renovated 1840 mixed-use building - photo 13

This high visibility, fully renovated 1840 mixed-use building - photo 14

This high visibility, fully renovated 1840 mixed-use building - photo 15

This high visibility, fully renovated 1840 mixed-use building - photo 16

This high visibility, fully renovated 1840 mixed-use building - photo 17

This high visibility, fully renovated 1840 mixed-use building - photo 18

This high visibility, fully renovated 1840 mixed-use building - photo 19

This high visibility, fully renovated 1840 mixed-use building - photo 20

This high visibility, fully renovated 1840 mixed-use building - photo 21

This high visibility, fully renovated 1840 mixed-use building - photo 22

This high visibility, fully renovated 1840 mixed-use building - photo 23

This high visibility, fully renovated 1840 mixed-use building - photo 24

This high visibility, fully renovated 1840 mixed-use building - photo 25

This high visibility, fully renovated 1840 mixed-use building - photo 26

This high visibility, fully renovated 1840 mixed-use building - photo 27

This high visibility, fully renovated 1840 mixed-use building - photo 28

This high visibility, fully renovated 1840 mixed-use building - photo 29

This high visibility, fully renovated 1840 mixed-use building - photo 30

This high visibility, fully renovated 1840 mixed-use building - photo 31

This high visibility, fully renovated 1840 mixed-use building - photo 32

This high visibility, fully renovated 1840 mixed-use building - photo 33

This high visibility, fully renovated 1840 mixed-use building - photo 34

This high visibility, fully renovated 1840 mixed-use building - photo 35

This high visibility, fully renovated 1840 mixed-use building - photo 36

This high visibility, fully renovated 1840 mixed-use building - photo 37

This high visibility, fully renovated 1840 mixed-use building - photo 38

This high visibility, fully renovated 1840 mixed-use building - photo 39

This high visibility, fully renovated 1840 mixed-use building - photo 40

This high visibility, fully renovated 1840 mixed-use building - photo 41

This high visibility, fully renovated 1840 mixed-use building - photo 42

This high visibility, fully renovated 1840 mixed-use building - photo 43

$3,250,000

Beds

Baths

4,800

Sqft

491 Thames St, Newport, RI 02840

By contacting this agent you agree to these Terms and Conditions.

Home Rhode Island Newport

MLS# 1395659

Commercial Sale Pending

This high visibility, fully renovated 1840 mixed-use building

$3,250,000

491 Thames St, Newport, RI 02840

Beds

Baths

4,800

Sqft

0.06

Acres

$3,250,000

491 Thames St, Newport, RI 02840

-- Beds

-- Baths

4,800 Sqft

0.06 Acres

297 days

on BeachHouse.com

view

saves

Property Details

HOME DETAILS

0 Beds

0 Baths

4,800 Sqft

Built in 1850

0.06 Acres

3 Stories

BEACH & VIEW

Beachview

On Beachfront

EXTERIOR

Siding: Frame

FINANCIAL & COMMUNITY

$13,451 / yr property tax

Newport County

Thames Street Harbour Community

See More Details

Location

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Ad Statistics

Ad Number

6739032

Viewed

0 time

Listing Status

Pending

Added

Oct 18, 2025

Last Refreshed

Jul 03, 2026 06:17:28 PM

Listing Information

Data Source

State Wide MLS of Rhode Island, Inc.

Source Property ID

1395659

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Added: 04/09/2026 • Updated: 05/18/2026

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About this property

Property Features

Additional Photos

Contact Information

Location

This high visibility, fully renovated 1840 mixed-use building

Property Details

HOME DETAILS

BEACH & VIEW

EXTERIOR

FINANCIAL & COMMUNITY

Location

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Listing Information

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