452 - 462 Thames Street

Several buildings in the heart of lower Thames Street have hit the market.

452, 458, 460, and 462 Thames Street, which includes three mixed-use buildings, have been listed for sale this week for $4.95 million.

The buildings include six commercial/retail units and seven residential units. The buildings are currently anchored by Gary’s Handy Lunch, Eileen on Thames, and Sailaway Studio.

452 – 462 Thames Street

According to City of Newport property records, the property is currently owned by Gary and Mary Hooks, owners of Gary’s Handy Lunch.

Gary’s Handy Lunch has been operating at 462 Thames Street since 1967. The sale of the properties does not include any of the businesses or contents.

Possibly invaluable are the 12 plus parking spots over the three lots.

Statewide MLS Property Description

Rare opportunity to purchase three mixed-use commercial buildings in the heart of Downtown Newport. 6 commercial/retail units and 7 residential units. Zoned limited business, the opportunities here are endless. There 12 plus parking spots over the 3 lots. High foot traffic and great visibility from the street, located across from IYRS. Currently anchored by Gary’s Handy Lunch- the business and contents do not convey. Don’t miss out on this opportunity to buy an entire block on Newport’s Historic Thames Street.

The property is listed by the Fitzpatrick Team at RE/MAX Profnl. Newport, Inc..

See the full listing here.

Ryan Belmore is the Owner and Publisher of What'sUpNewp. 
Belmore has been involved with What’sUpNewp since shortly after its launch in 2012, proudly leading it to be named Best Local News Blog in Rhode Island by Rhode Island Monthly readers in 2018, 2019, and 2020 and an honorable mention in the Common Good Awards in 2021.

Born and raised in Rhode Island, Belmore graduated from Coventry High School and the Community College of Rhode Island. In addition to living in Newport for 10 years, he has lived in Portsmouth, Coventry, Providence, Smithfield, Burrillville, and East Greenwich.

Belmore currently serves as Vice President of the Board Of Directors for Fort Adams Trust and on the Board of Directors for Potter League For Animals. He previously served on the Board of Lucy's Hearth and the Arts & Cultural Alliance for Newport County.

Belmore and his wife, Jen, currently live in Alexandria, Virginia, a move they made in 2021. Read more about that here - https://whatsupnewp.com/2021/09/letter-from-the-publisher-some-personal-news/

Belmore visits Newport every couple of weeks to support the 12+ paid contributors What'sUpNewp has on the ground across Rhode Island, a place he called home for 39 years.

Belmore is a member of Local Independent Online News (LION) Publishers, Society of Professional Journalists, and the North American Snowsports Journalists Association.

In 2020, Belmore was named Member of the Year by LION and won the Arts & Cultural Alliance of Newport County's Dominque Award.
Belmore can be contacted at ryan@whatsupnewp.com and 401-662-1653.