Back to search
102 Connell Highway Newport, RI $ 4,500,000
Share Save
$ 4,500,000 Get more info
102 Connell Highway
$ 4,500,000
Back to search
Recently Listed
Share Save

102 Connell Highway

Newport, RI, 02840
$ 4,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 28,413

102 Connell Highway, Newport, RI 02840 - Image 1
102 Connell Highway, Newport, RI 02840 - Image 2
102 Connell Highway, Newport, RI 02840 - Image 3
102 Connell Highway, Newport, RI 02840 - Image 4
102 Connell Highway, Newport, RI 02840 - Image 5
102 Connell Highway, Newport, RI 02840 - Image 6
102 Connell Highway, Newport, RI 02840 - Image 7
102 Connell Highway, Newport, RI 02840 - Image 8
102 Connell Highway, Newport, RI 02840 - Image 9
102 Connell Highway, Newport, RI 02840 - Image 10
102 Connell Highway, Newport, RI 02840 - Image 11
102 Connell Highway, Newport, RI 02840 - Image 12
102 Connell Highway, Newport, RI 02840 - Image 13
102 Connell Highway, Newport, RI 02840 - Image 14
102 Connell Highway, Newport, RI 02840 - Image 15
102 Connell Highway, Newport, RI 02840 - Image 16
102 Connell Highway, Newport, RI 02840 - Image 17
102 Connell Highway, Newport, RI 02840 - Image 18
102 Connell Highway, Newport, RI 02840 - Image 19
102 Connell Highway, Newport, RI 02840 - Image 20
102 Connell Highway, Newport, RI 02840 - Image 21
102 Connell Highway, Newport, RI 02840 - Image 22
102 Connell Highway, Newport, RI 02840 - Image 23
102 Connell Highway, Newport, RI 02840 - Image 24
102 Connell Highway, Newport, RI 02840 - Image 25
102 Connell Highway, Newport, RI 02840 - Image 26
102 Connell Highway, Newport, RI 02840 - Image 27
102 Connell Highway, Newport, RI 02840 - Image 28
102 Connell Highway, Newport, RI 02840 - Image 29
102 Connell Highway, Newport, RI 02840 - Image 30
102 Connell Highway, Newport, RI 02840 - Image 31
102 Connell Highway, Newport, RI 02840 - Image 32
102 Connell Highway, Newport, RI 02840 - Image 33
102 Connell Highway, Newport, RI 02840 - Image 34
102 Connell Highway, Newport, RI 02840 - Image 35
102 Connell Highway, Newport, RI 02840 - Image 36
102 Connell Highway, Newport, RI 02840 - Image 37
102 Connell Highway, Newport, RI 02840 - Image 38
102 Connell Highway, Newport, RI 02840 - Image 39
102 Connell Highway, Newport, RI 02840 - Image 40
102 Connell Highway, Newport, RI 02840 - Image 41
102 Connell Highway, Newport, RI 02840 - Image 42
102 Connell Highway, Newport, RI 02840 - Image 43
102 Connell Highway, Newport, RI 02840 - Image 44
102 Connell Highway, Newport, RI 02840 - Image 45
102 Connell Highway, Newport, RI 02840 - Image 46
View a Virtual Tour

Commercial Property for sale in Newport, RI

for $4,500,000. This building was built in 1940 on a lot size of 0.956.

Rare Newport Hospitality & Entertainment Opportunity. Available turnkey restaurant, entertainment venue and commercial real estate at 102-104 JT Connell Highway. Approximately 8,700 SF on nearly one acre (0.956 AC) with excellent visibility and a 2025 traffic count of 19,686 vehicles per day. Currently home to the Newport Playhouse & Cabaret Restaurant, the property features a 165-seat theater, extensive dining and bar areas, commercial kitchen, outdoor patio, backstage/support areas and substantial on-site parking. Sale includes extensive restaurant, dining and theater FF&E, subject to final inventory and exclusions. Class BV full beverage liquor license available. The established Newport Playhouse business, brand and agreed operating assets may also be included, creating a unique turnkey opportunity for restaurant, hospitality, entertainment, event or dinner-theater operators. Convenient access to Downtown Newport, Pell Bridge and Middletown. Real estate $4,500,000; liquor license $500,000; total offering $5,000,000. Private showings by appointment only.

See more
Commercial Active

Price

$ 4,500,000

Property Type

Commercial

Taxes

$ 18,400

Style

Lot Size

0.956

Year Built

1940

Town/City

Newport

County/Region

Newport

MLS | Web ID

1424155
Features
General
Sewer Connected
Heating Central Ductless Forced Air Gas
Cooling Ductless Central Air
Utilities Cable Available Electricity Available Natural Gas Available Natural Gas Connected Municipal Utilities Phone Available Water Connected Sewer Connected
Possession Negotiable
Zoning UV
Security Features Security System Closed Circuit Camera(s) Fire Alarm Fire Sprinkler System Security Lights
Construction Materials Other
Year Built 1940
Electric 200+ Amp Service
Stories Count 1
Levels One
Property Subtype Commercial
Tax Year 2025
Business Type Arts and Entertainment Bar/Tavern/Lounge Hospitality Mixed Restaurant
Community Features Golf Highway Access Marina Near Hospital Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) High Traffic Location Street Lights Sidewalks
Business Name Newport Playhouse
County Newport
New Construction false
Property Type Commercial Sale
Possible Use Commercial Development Investment Mixed Use Retail Highway/Tourist Service
Building Features Public Restrooms
Status Active
City Newport
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 41632
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 18400
Virtual Tour https://tour.RiLiving.com/102-Connell-Highway-Newport-RI-02840
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 1315600
Tax Lot 309
See more
Interior
Basement None
Furnished Y/N Furnished
Total Stories 1
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
Exterior
Water Source Connected Public
Total Parking 50
Inclusions Equipment / FF&E Included Restaurant & Kitchen Equipment: Commercial cooking line hood and fire-suppression system refrigeration/freezer equipment prep stations commercial dishwashing equipment pizza oven buffet/service equipment bar equipment and related kitchen fixtures. Dining & Facility FF&E: Dining tables and chairs bar furnishings buffet/service furnishings patio furnishings and other agreed restaurant fixtures. Theater & Entertainment Equipment: Stage and theatrical equipment lighting and sound equipment cabaret/event equipment backstage equipment and other agreed production assets. Sale includes substantial restaurant dining and entertainment FF&E subject to final inventory ownership verification and agreed exclusions.
Lot Size Area 41632
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 0
Lot Size Acres 0.956
Road Surface Type Asphalt
Frontage Length 179
Road Frontage Type State Road
See more
* Excluded Features
List By
Re/Max Profnl. Newport, Inc.

Broker

jmprealty65@gmail.com

Email

Affordability Calculator

$29,947
Per Month
95%
5%
0%
Monthly Principal & Interest
$28,413
Monthly Property Taxes
$1,533
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
0 Elementary School
0 Middle School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/23/2026$4,500,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

102 Connell Highway, Newport, RI, 02840 is a Commercial Property for sale at $4,500,000 with a lot size of 0.956. 102 Connell Highway was built in 1940. The property's zip code is 02840 which is in Newport, RI

Get more info