28 Pelham Street

Newport, RI 02840 Directions
$2,200,000
  • 0/6Baths
  • 10,850Sqft
  • 0.12Acres
  • 1900Built
  • $203Price/Sqft

Property Highlights

  • Subdivision: Historic Hill
  • Days on Market: 3
  • MLS: 1405844

Property Highlights

  • Subdivision: Historic Hill
  • Days on Market: 3
  • MLS: 1405844

Presently being used as a commercial office building, 28 Pelham could be the next residential conversion right on Historic Hill. Whether you're searching for an occupied investment property, envisioning a residential conversion, or dreaming up Newport's next boutique hotel, 28 Pelham Street deserves your attention. Ideally situated in the heart of historic downtown Newport — just one block from the iconic Bowens Wharf and Thames Street — this three-story, 10, 800 square foot building with a full basement offers rare versatility in one of New England's most coveted coastal markets. Currently operating as a multi-tenant office building with...

Property Highlights

  • Subdivision: Historic Hill
  • Days on Market: 3
  • MLS: 1405844

Presently being used as a commercial office building, 28 Pelham could be the next residential conversion right on Historic Hill. Whether you're searching for an occupied investment property, envisioning a residential conversion, or dreaming up Newport's next boutique hotel, 28 Pelham Street deserves your attention. Ideally situated in the heart of historic downtown Newport — just one block from the iconic Bowens Wharf and Thames Street — this three-story, 10, 800 square foot building with a full basement offers rare versatility in one of New England's most coveted coastal markets. Currently operating as a multi-tenant office building with 16 individual tenants on yearly leases, the property generates consistent income from day one. Its well-laid-out floor plans across three full stories make it equally compelling for an owner-occupant seeking a signature headquarters, a developer with an eye toward adaptive reuse, or an investor looking to hold a stabilized asset in a high-demand location. Zoned General Business, the property also opens the door to a range of alternative uses — including residential conversion and transient guest facilities — subject to city approvals. Opportunities like 28 Pelham, where location, flexibility, and income converge, rarely come to market in downtown Newport. Don't let this one pass you by. https://www.kirbykirby.com/listings/28-pelham-street-for-sale

Presently being used as a commercial office building, 28 Pelham could be the next residential conversion right on Historic Hill. Whether you're searching for an occupied investment property, envisioning a residential conversion, or dreaming up Newport's next boutique hotel, 28 Pelham Street deserves your attention. Ideally situated in the heart of historic downtown Newport — just one block from the iconic Bowens Wharf and Thames Street — this three-story, 10, 800 square foot building with a full basement offers rare versatility in one of New England's most coveted coastal markets. Currently operating as a multi-tenant office building with 16 individual tenants on yearly leases, the property generates consistent income from day one. Its well-laid-out floor plans across three full stories make it equally compelling for an owner-occupant seeking a signature headquarters, a developer with an eye toward adaptive reuse, or an investor looking to hold a stabilized asset in a high-demand location. Zoned General Business, the property also opens the door to a range of alternative uses — including residential conversion and transient guest facilities — subject to city approvals. Opportunities like 28 Pelham, where location, flexibility, and income converge, rarely come to market in downtown Newport. Don't let this one pass you by. https://www.kirbykirby.com/listings/28-pelham-street-for-sale

Read MoreRead Less
  • Additional Information
    • Basement Description: Exterior Entry, Full, Interior Entry, Unfinished
    • Living Area SqFt: 10850
    • On Market Date: 2026-03-04
    • Parking: No Garage
    • Style: Historic Antique
    • Subdivision: Historic Hill
    • Tax Amount: $13,249
    • Tax Year: 2025
    • Type: Residential
    • Utilities: Sewer Connected, Water Connected
    • Year Built: 1900
  • Amenities
    • Pool
    • Restaurant
    • Tennis Court(s)
    • Sidewalks
  • Interior/Exterior Features
    • Appliances Included: Gas Water Heater
    • Construction Materials: Clapboard
    • Cooling: Central Air
    • Flooring: Carpet, Hardwood
    • Foundation: Slab
    • Heat: Natural Gas, Forced Air
    • Living SqFt Source: Appraiser

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 William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 03/08/2026. Listed By: The Kirby & Kirby Team of Kirby & Kirby.

Click to view full screen