0 Thames St, Newport Rhode Island

$28,000,000

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Bedrooms:
Full Bathrooms:
0
Half Bathrooms:
0
Style:
MLS #:
1140453
Living Area:
sq'
Lot Size:
1.33 acres
Property Type:
Commercial/Inv./Ind

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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.


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* #1 LUXURY RANKING BASED ON HIGHEST TOTAL DOLLAR VOLUME OF THE TOP 10 HOME SALES IN THE STATE OF RI FOR 2016. ALL REPRESENTATIONS IN THIS PRESENTATION ARE BASED IN WHOLE OR IN PART ON DATA SUPPLIED BY THE STATEWIDE MLS. THE MLS DOES NOT GUARANTEE AND IS NOT IN ANY WAY RESPONSIBLE FOR ITS ACCURACY. DATA MAINTAINED BY THE MLS MAY NOT REFLECT ALL REAL ESTATE ACTIVITY IN THE MARKET.
MLS
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Lila Delman Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers.
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