102 Connell HWY, Newport, RI 02840
102 Connell HWY, Newport, RI 02840
102 Connell HWY, Newport, RI 02840
102 Connell HWY, Newport, RI 02840
102 Connell HWY, Newport, RI 02840
102 Connell HWY, Newport, RI 02840
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Mike Byrnes

Mike Byrnes

+1(508) 826-5233
$ 4,500,000
Est. payment | /mo

0.96 Acres Lot

Save Virtual Tour
$ 4,500,000
Est. payment | /mo
Save Virtual Tour

0.96 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1424155

HOA Y/N No

Year Built 1940

Annual Tax Amount $18,400

Tax Year 2025

Lot Size 0.956 Acres

Acres 0.956

Property Sub-Type Commercial

Property Description

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.

Location

State RI

County Newport

Zoning UV

Rooms

Basement None

Interior

Heating Central, Ductless, Forced Air, Gas

Cooling Ductless, Central Air

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.

Furnishings Furnished

Exterior

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

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Phone Available, Water Connected, Sewer Connected

Street Surface Asphalt

Total Parking Spaces 50

Building

Building Description Other, Public Restrooms

Story 1

Foundation Concrete Perimeter

Sewer Connected

Water Connected, Public

Level or Stories 1

Structure Type Other

New Construction No

Others

Tax ID 102CONNELLHWYNEWP

Security Features Security System,Closed Circuit Camera(s),Fire Alarm,Fire Sprinkler System,Security Lights

Virtual Tour https://tour.RiLiving.com/102-Connell-Highway-Newport-RI-02840

© 2026 State-Wide Multiple Listing Service. All rights reserved.
Listed by RE/MAX Profnl. Newport, Inc.

NEARBY SCHOOLS & PROPERTIES

Mike Byrnes
Mike Byrnes

CEO & Owner

+1(508) 826-5233 | mike@mbcorporation.net

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102 Connell HWY