26 Franklin Street Newport, RI $ 1,499,000
26 Franklin Street
$ 1,499,000
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26 Franklin Street

Newport, RI, 02840
$ 1,499,000
Bedrooms-- Baths-- Sq 2,798

Monthly Estimate*

$ 9,230

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Commercial Property for sale in Newport, RI

for $1,499,000. This 2,798 square foot building was built in 1898.

America's First Resort. The City by Sea are just a couple Newport descriptions. We think of it as among Rhode Island's best features. And the best part of Newport is Twenty-Six Franklin Street a true rare offering in the heart of Downtown, where timeless charm, modern luxury, and investment potential come together under one roof. The private two-bedroom, two-bath residence spans two levels above the harborscape, creating the feeling of a coastal sanctuary. Thoughtfully designed, it features light-filled living areas, a well-appointed kitchen and dining space, and comfortable accommodations ideal for both everyday living and entertaining. Sitting atop of it all is your private rooftop deck an extraordinary rarity in Newport offering sweeping views of it all, perfectly suited for morning coffee, sunset gatherings, or evenings under the stars. Whether enjoyed as a primary residence, a vacation retreat, or a proven rental property, this home delivers both comfort and versatility. On the street level, the property includes a charming retail storefront that has thrived for more than a decade. With steady foot traffic from Newport's vibrant downtown, this flexible commercial space offers opportunity for continued retail use or future reimagining. Steps from Thames Street, the bustling waterfront, and Newport's world-class restaurants and shops, Twenty-Six Franklin combines lifestyle, luxury, and income potential in one of America's most iconic destinations.

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Commercial Contingent

Price

$ 1,499,000

Property Type

Commercial

Taxes

$ 6,053

Style

Year Built

1898

Town/City

Newport

County/Region

Newport

MLS | Web ID

1394036

Features
General
Sewer Connected Public Sewer
Heating Baseboard Common Gas Individual
Cooling Ductless
Utilities Cable Available Electricity Available Natural Gas Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected
Security Features Carbon Monoxide Detector(s) Fire Alarm Smoke Detector(s)
Construction Materials Frame Other
Year Built 1898
Electric Circuit Breakers Separate Meters
View Water
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2025
Business Type Mixed Residential Retail
Community Features Golf Highway Access Marina Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) High Traffic Location Street Lights Sidewalks
County Newport
New Construction false
Property Type Commercial Sale
Contingency Sale of Buyers Property Contingency
Subdivision Name Historic Hill/ Harbor/ Thames St
Possible Use Multi-Family Mixed Use Office Residential Retail
Status Active Under Contract
City Newport
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 929
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 6053
Structure Type Multi Family
Standard Status Active Under Contract
Occupancy Type Tenant
Tax Assessed Value 843100
Tax Lot 051
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Interior
Furnished Y/N Furnished
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area
Total Baths 0
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Exterior
Lot Features Historic District
Water Source Connected Water Tap Fee Public
Total Parking 0
Lot Size Area 929
Foundation Details Stone
Number of Buildings 1
Building Area Total 2798
Road Frontage Type City Street
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* Excluded Features
List By
Greenwich Bay Brokers

Broker

jen@greenwichbaybrokers.com

Email

Affordability Calculator

$9,734
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,230
Monthly Property Taxes
$504
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
9/22/2025$1,499,000 Listed Price

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26 Franklin Street, Newport, RI, 02840 is a Commercial Property for sale at $1,499,000 with 2,798 sqft. 26 Franklin Street was built in 1898. The property's zip code is 02840 which is in Newport, RI