111 Memorial Blvd W, Newport, RI


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Square feet

About 111 Memorial Blvd W

THE BURBANKROSE GUEST HOUSE, has all the charm and character that Newport is known for. Located in the heart of downtown, this property sits at the corner of Thames Street and Memorial Boulevard, across from the Red Parrot Restaurant. Beyond the location's heavy foot traffic and street visibility, this property is also in a General Business Zone, providing income opportunities for hospitality, retail, office space, and more. Recent updates include a newer heating system, kitchens, windows, and bathrooms. The building is currently operating as an established live-in guest house for the last 22 years. It contains one single-dwelling unit, and a 5-bedroom guest house (including 5 kitchens). The finished lower level includes laundry, cleaning crew facilities and utilities. No flood insurance required, and excellent income history. P&L available upon signing NDA. Would consider 1031 exchange. Buyer to do all due diligence.

Pricing and availability subject to change.

Features of 111 Memorial Blvd W

MLS® # 1329230
Sold Price $1,475,000
Square Footage 3,752
Square Footage 1742
Acres 0.00
Year Built 1780
Type Commercial Sale
Sub-Type Commercial
Status Closed

Community Information

Address 111 Memorial Blvd W
Subdivision Downtown Newport Historic Hill Dist
City Newport
County Newport
State RI
Zip Code 02840


Amenities Restaurant, Tennis Court(s)
Utilities Cable Available, Electricity Available, Municipal Utilities, Phone Available, Water Connected, Sewer Connected
Is Waterfront No
Has Pool No


Cooling 1 Unit, Window Unit(s)
Has Basement Yes
Basement Full
Fireplace No
# of Stories 3
Stories 3


Foundation Combination

Additional Information

Date Listed February 6th, 2023
Days on Market 162
Zoning GB
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHogan Associates Christie's

Listing Map

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