Print This250 Thames Street
Signature Building for Sale in Downtown Newport
Property Description
Literally front and center, this building faces gorgeous Newport Harbor near the corner of America’s Cup, Thames and Mill. The building houses a full restaurant, two floors of customized loft office space with incredible brick walls and open ceilings. Beautiful views of the wharves and Newport Harbor. This is an amazing rare opportunity to own a beautiful piece of Newport history.
Third floor office space is available for lease 1/1/2019.
See Information Brochure pdf below
Property Details
Address: 250 Thames Street, Newport, RI
Buillding Size: 14,638 sq.ft.
Lot Size: .08 acres (~3,486 sq.ft.) (Vision Appraisal- makes no sense)
Sale Price: $3,200,000.
Sewer: City connected
Water: City connected
Sprinkler System: Wet
Available Space: Entire third floor ~3761 sq.ft.
Taxes: $25,530/yr 2018
Plat: 24
Lot: 250
Year Built: 1894
Unit Descriptions:
Third floor availability, including utilities:
Entire floor – $6,100/ mo. ~ 3,761 sq.ft.
Unit 1- $3,000/mo ~ 1,048 sq.ft.
Unit 2- $1,200/mo ~ 619 sq.ft.
Unit 3- $1,300/mo ~ 623 sq.ft.
Unit 4- $ 600/mo ~ 268 sq.ft.
Location: Downtown Newport- Across From Bowens / Bannister Wharfs
Site: Heavy Tourist Foot Traffic/Visibility
Frontage: 35'
Heat / Air: Heat/AC Pkgs Gas Forced Air Ducts/ AC Central
Available Date: 3rd Floor Office Vacancy as of 1/1/2019
Zoning: GB
Trash: Tenant Responsible
Condition: Excellent
Income: $222,400
Expenses: $70,500 (including RE taxes)
250 Thames Street, Newport, RI,
Status: Active