2 Perry Street Newport, RI $ 1,775,000
2 Perry Street
$ 1,775,000
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2 Perry Street

Newport, RI, 02840
$ 1,775,000
Bedrooms-- Baths-- Sq 2,372

Monthly Estimate*

$ 10,929

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Commercial Property for sale in Newport, RI

for $1,775,000. This 2,372 square foot building was built in 1870 on a lot size of 0.12.

Beautifully maintained mixed-use property in a prime Spring Street location. The street level features two office spaces, with two residential units above. Accessed via a private rear courtyard, the second-floor residence offers two bedrooms and two baths, granite countertops, stainless steel appliances, and in-unit laundry. One bedroom is configured as a private efficiency suite with its own kitchenette, full bath, and separate entrance ideal for guests or added flexibility. The third-floor unit includes two bedrooms, one bath, an open-concept living/kitchen area, and in-unit laundry. Additional highlights include parking for four vehicles, a charming rear courtyard, and separate utilities throughout, making this an excellent investment opportunity.

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Commercial Active

Price

$ 1,775,000

Property Type

Commercial

Taxes

$ 11,008

Style

Lot Size

0.12

Year Built

1870

Town/City

Newport

County/Region

Newport

MLS | Web ID

1401967

Features
General
Sewer Connected
Heating Hot Water
Cooling Window Unit(s)
Utilities Natural Gas Connected Sewer Connected
Possession Negotiable
Zoning R10
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Frame
Year Built 1870
Electric 200+ Amp Service
Tenant Pays Electricity Gas Water
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2025
Business Type Residential Retail
Community Features Marina Near Hospital Near Schools Pool Recreation Area Restaurant Shopping Tennis Court(s)
County Newport
New Construction false
Property Type Commercial Sale
Subdivision Name Spring Street
Possible Use Mixed Use
Status Active
City Newport
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 5227
Number of Units Leased 3
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 11008
Virtual Tour https://tour.RiLiving.com/2-Perry-Street-Newport-RI-02840--1401967
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 1002500
Tax Lot 202
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Interior
Basement None
Total Stories 3
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Laundry Features In Unit
Total Baths 0
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Exterior
Lot Features Corner Lot Historic District
Water Source Connected
Total Parking 4
Lot Size Area 5227
Foundation Details Combination
Number of Buildings 1
Building Area Total 2372
Lot Size Acres 0.12
Road Frontage Type City Street
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* Excluded Features
List By
Gustave White Sotheby's Realty

Broker

msweeney@gustavewhite.com

Email

Affordability Calculator

$11,846
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,929
Monthly Property Taxes
$917
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
1/23/2026$1,775,000 -2.74% Price Down
12/29/2025$1,825,000 Listed Price

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2 Perry Street, Newport, RI, 02840 is a Commercial Property for sale at $1,775,000 with 2,372 sqft and a lot size of 0.12. 2 Perry Street was built in 1870. The property's zip code is 02840 which is in Newport, RI