105 Broadway Newport

0 10,719 sq ft

The Property

A Unique Opportunity to Own a Block of Newport, RI with frontage on three sides at 105-111 Broadway. Located in the heart of the vibrant & local Broadway neighborhood, this block contains a successful restaurant of 17 years (The Fifth Element) and a fully permitted development opportunity for a 40 room luxury hotel. Zoning, Planning, Utility and City approvals including demo, foundation, building & utility permits have been obtained over the last 3 years and remain in place ready to convey. Preliminary design and development plans are also available.

The restaurant has had continued success through constant ingenuity during the Covid crisis with their redesigned interior and newly built outside dining space, The Outer Element. This is a package deal with all the plans to date and a turnkey restaurant including liquor license, inventory, equipment, trademarks, URL’s etc.

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Listing Details

MLS Number


Lot Size:

0.40 acres


  • Garage
  • Restrooms
  • Heating: Central Air, Central Heat, Forced Air, Gas Connected
  • Type: Hospitality,Hotel/Motel,Real Estate,Restaurant
  • Year Built: 1940

Listed by Teri Degnan RE & Consulting

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