28 Pelham Street, Newport, RI 02840

Newport
Local realty services provided by:ERA Key Realty Services
28 Pelham Street,Newport, RI 02840
$2,200,000
Virtual Tour
  • - Beds
  • 6 Baths
  • 10,850 sq. ft.
  • Single family
  • Pending
Listed by: the kirby & kirby team, molly kirby
Office: kirby & kirby
MLS#:1405844
Source:RI_STATEWIDE

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$202.76

About this home

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...

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Home facts

  • Year built:1900
  • Listing ID #:1405844
  • Added:70 day(s) ago
  • Updated:May 14, 2026 at 07:25 AM

Rooms and interior

  • Total bathrooms:6
  • Half bathrooms:6
  • Flooring:Carpet, Hardwood
  • Basement:Yes
  • Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
  • Living area:10,850 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Year built:1900
  • Building area:10,850 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Historic Antique
  • Construction Materials:Clapboard, Drywall
  • Foundation Description:Slab
  • Levels:3 Story

Utilities

  • Water:Connected, Public
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$2,200,000
  • Price per sq. ft.:$202.76
  • Tax amount:$13,249 (2025)

Features and amenities

  • Amenities:Gas Water Heater, Skylights

Parking

  • Parking description:No Garage
MLS LogoThe 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 ERA Key Realty Services are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: May 14, 2026

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