Lila Delman Real Estate International offers a singular opportunity to purchase the Perry Mill Wharf, one of the most valuable waterfront parcels in all of New England. Located at the epicenter of downtown Newport, RI this 1.33 acre property offers unsurpassed harbor views from any point, with 270 degree dramatic panorama of King Park, Fort Adams, and the Newport Bridge. A few steps off your yacht will put you in the heart of Newport's downtown, famous for fine dining, shopping, entertainment, and historic sightseeing. Take advantage of this world renowned waterfront setting to meet Newport's demand for a luxury yacht marina, a Five Star hotel, a Michelin starred restaurant, and an unparalleled venue for first class events. Your only limit is your imagination.
The Perry Mill Wharf is located on Newport Harbor just west of the intersection of Thames Street and Fair Street. The lot contains 57,900 square feet with a 25 foot right of way to Thames Street. The site has approximately 1,000 linear feet of frontage on Newport Harbor and approximately 7,500 square feet of additional site area over the water on piles with a concrete slab. The site has approximately 43,000 square feet of paving at street grade and is level. Public utilities include sewer/water, gas, and electric.
The property is in the Waterfront Business Zone, which allows mixed-use commercial and residential, offices, retail sales, restaurant, marina, multi-family dwelling, transient guest facilities, and clubs for outdoor recreation.
“Its exciting to be a part of the effort to advance one of the most important properties in Newport’s famed waterfront district. Every year Newport becomes more of an international destination, and the ability to put a Five Star hotel, a Michelin starred restaurant, and a luxury yacht marina all on one waterfront property with unsurpassed harbor views and within walking distance to everything downtown is a singular opportunity.”
-Greg Arakelian, Lila Delman Real Estate International, Listing Broker, The Perry Mill Wharf.