Business Opportunity at 163 JT Connell Hwy, Newport RI 02840
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16 photos

$139,999

163 JT Connell Hwy, Newport RI 02840
Newport, RI 02840
Listed by Mercy Amo
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2020

About this home

Prime opportunity to own and operate a well-established restaurant in the heart of Newport's commercial corridor. Curryland is a popular Indian restaurant known for its authentic cuisine and loyal customer base. The property is ideally situated on JT Connel Highway, offering excellent visibility, and easy access to major routes and downtown Newport attractions. This restaurant offers a full kitchen and dining area, updated equipment and fixtures included. It has a strong local following and consistent takeout/delivery business. Ample parking and convenient location minutes from the Newport Bridge and downtown. This is a rare opportunity to acquire a thriving restaurant operation or fully equipped space suitable for a variety of food and beverage concepts. This restaurant is perfect for quick service concept looking to establish a presence in Newport's active dining scene.

Property details

MLS
MLS Property Information Network
MLS #
73451215
Property type
Business Opportunity
Subdivision
N/A
Status
Active
Days on market
349
On market date
November 4, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2,400 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Claiborne Pell Elementary
0.63 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
744
Student:teacher ratio
10.9:1
District
Newport
Middle
Frank E. Thompson Middle
1.16 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
565
Student:teacher ratio
9.7:1
District
Newport
High
Middletown High School
1.7 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
620
Student:teacher ratio
11.9:1
District
Middletown

Walkability

Blended score for Newport's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

91
Highly walkable
out of 100
EPA National Walkability Index
17.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks15
Schools9
Transit stops20
Pharmacies10

Market position

How this listing compares to current activity in Newport, from live MLS data.

On the market 349 days -- 273 more days than Newport's current average of 76 days.
For reference, the median list price across 811 active listings in Newport right now is $5,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$993/mo
$28,000 down
$111,999 loan
Principal & interest$726
Property tax (est.)$117
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated December 19, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.