78 – 80 Thames

Welcome to the up and coming Theater District in Historic Downtown Newport Rhode Island!! A most spectacular offering for this high profile commercial mixed use building has two very spacious residential apartments along with two beautiful shops and an office loft in the heart of Newport. Potential for combining apt & loft for home office, shop, etc. as the shops have interior connecting stairs for a convenient live work scenario. Please call for easy showings!

Address: 78 - 80 Thames St, Newport, RI
Building Size: 6,019 sq.ft.
Sale Price: $799,900 - Major Price Reduction!
Bedrooms: 2 spacious units with three bedrooms each
Sewer: Municipal Sewer
Water: Municipal Water
Taxes: $10,410 per year- 2016 tax year
Plat: 17
Lot: 138
Year Built: 1744
Number of Units: 5
Unit Descriptions: Two large 3 bedroom apartments along with 3 commercial units – Spaces may be contiguous.   Annual Net Operating Income: $63,272
Location: Downtown
Site: Corner
Parking: On street
Heat / Air: Separated systems- gas- two units per floor
Zoning: General Business (GB)
Insurance: Flood Insurance required
Loading Door Height: Double door in rear of property- ground level
Sold Date: November 8, 2016