429 431 Thames Street
429 431 Thames Street Newport, Rhode Island 02840 United States

$2,485,000
 Get directions
 
­
Advertiser Logo
Listing Courtesy of Lila Delman Real Estate
$2,485,000
Change Currency
3,049 Acres
Exterior
Commercial
Property Type
1900
Year Built
1248510
Web Id
1248510
MLS ID
Thames Street / Waterfront Business
Subdivision
Newport
School District
35
days ago

About 429 431 Thames Street

This Mixed Use property is located in the center of Newports bustling Thames Street Waterfront area zoned Waterfront Business. The property has two buildings: 429-431 Thames Street -1 Lees Wharf & 3 Lees Wharf. Units include 2 store front retail spaces, 4 residential apartments, 2 garage spaces & 2 off-street parking spaces. The retail spaces offer great visibility with street level access on Thames Street. The residential units include a newly updated 3+ bedroom townhouse style penthouse with fabulous harbor views from the 3rd & 4th floors and a large deck, a 4-bedroom unit on the 2nd floor that has been completely gutted & renovated, an updated 2-bedroom over the garage, and a 1-bedroom unit. Currently the residential units are mixed summer, winter & yearly leases. A great opportunity with strong income history & extraordinary growth potential!

PROPERTY INFORMATION

Cooling
Ductless AC, Window Units
Heating
Baseboard
Location
Downtown
Sewer
Connected, Municipal
Water
Common Meter, Connected
Listing Courtesy of Lila Delman Real Estate
Listing Courtesy of Lila Delman Real Estate