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The Breakhouse Newport 28 Weaver Ave 8 Room Bed and Breakfast Newport, RI 02840 $3,100,000 ($387,500/Room)
Investment Highlights
- Valuable City of Newport Trancient Facility Certificate
- Beautifully remodeled 2021
- Prime walkable area of Newport located near the waterfront
- Walk to Tennis Hall of Fame Thames Sttret and Cliffwalk
- Detailed financials available
- Strong history of unquie bookings,wedding,movie crews and tennis fans and much more
Executive Summary
Explore an exceptional investment opportunity in Newport, Rhode Island . This guesthouse offering stands out as a rare find in one of Newport’s most desirable locations. Boasting 12+ rooms—including 6 bedrooms and 8.5 baths—it comes with the valuable City of Newport Transient Guest Facility Certificate. Each guest room is thoughtfully appointed with a private full bath, ensuring a comfortable and high-quality experience for visitors. Recent upgrades make this a turnkey offering, including a full fire sprinkler and alarm system, new water and sewer lines, dedicated sprinkler lines, updated HVAC and mini-splits, a new roof and decks, fresh interior paint, many replaced windows, new flooring, and more.
Ample out street parking for 7 cars.
Ideally situated in a prime, walkable location, guests enjoy effortless access to Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street’s dining and shops, beaches, historic mansions,
Newport welcomes over 3.5 million visitors each year and ranks among the East Coast’s top wedding destinations. Its proximity to NYC, Boston, and Providence Airport offers convenient year-round travel. Thanks to its active Newport license, the property is able to accommodate daily guests throughout the year. Detailed financials are available upon request, and showings can be arranged through the listing agent.
Ample out street parking for 7 cars.
Ideally situated in a prime, walkable location, guests enjoy effortless access to Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street’s dining and shops, beaches, historic mansions,
Newport welcomes over 3.5 million visitors each year and ranks among the East Coast’s top wedding destinations. Its proximity to NYC, Boston, and Providence Airport offers convenient year-round travel. Thanks to its active Newport license, the property is able to accommodate daily guests throughout the year. Detailed financials are available upon request, and showings can be arranged through the listing agent.
Data Room Click Here to Access
- Market Information
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$274,693
|
$53.02
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$274,693
|
$53.02
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $274,693 |
| Annual Per SF | $53.02 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $274,693 |
| Annual Per SF | $53.02 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 8 | $150.00 | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | NEWP-000034-000000-000143 | Improvements Assessment | $1,318,700 |
| Land Assessment | $433,300 | Total Assessment | $1,752,000 |
Property Taxes
Parcel Number
NEWP-000034-000000-000143
Land Assessment
$433,300
Improvements Assessment
$1,318,700
Total Assessment
$1,752,000
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The Breakhouse Newport | 28 Weaver Ave
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