491 Thames Street 493, Newport, RI 02840

Property Description

Located just steps from our world-famous Harbor, this exceptional property operates as a high cash flow, established business consisting of three completely renovated guesthouse suites and premium commercial space. The two single-bedroom suites, and three-bedroom penthouse include decks offering beautiful harbor sunset views. All of the suites have been newly furnished and contain the highest quality fixtures. Parking, a rarity in Newport, is also provided. Located in a Waterfront Business Zone, two 900 square foot, high quality retail spaces on the ground floor bring additional income. The guesthouse has successfully operated for over one year with consistently high guest ratings and consecutive Superhost status on AirBnB. Confirmed bookings through 2023. This is a turn-key, fully licensed operation that is very easy to manage. All furniture, fixtures and equipment are included in sale. No further investment needed.