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138 Spring St
Newport, RI 02840

$485,000 USD

Storefront Retail Office Condo For Sale  •  580 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 580 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1870
  • Tenancy Single
  • Zoning GB
30 Transit Score
90 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Retail 580 SF $485,000 USD
  • Unit Size: 580 SF
  • Condo Use: Retail
  • Price: $485,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $836.21 USD
Description
This unbeatable retail opportunity is perfectly positioned directly across from Trinity Church and Queen Anne Square on Spring Street, one of Newport's primary thoroughfares. Boasting exceptional drive-by exposure and high foot traffic, the two-level space has been transformed by a comprehensive interior renovation. Large windows flood the floor plan with natural light, highlighting newly redone floors, updated light fixtures, and a brand-new air conditioning systems. The space is now fully equipped for modern operations with an updated bathroom and the addition of a sleek kitchenette featuring a refrigerator, wine refrigerator, microwave, sink, and custom adjustable storage. Complemented by a rear storage/workroom and a recent exterior refresh, this turnkey property is ready for immediate occupancy, allowing you to hit the ground running just in time for the lucrative spring and summer seasons.

Sale Notes
This unbeatable retail opportunity is perfectly positioned directly across from Trinity Church and Queen Anne Square on Spring Street, one of Newport’s primary thoroughfares. Boasting exceptional drive-by exposure and high foot traffic, the two-level space has been transformed by a comprehensive interior renovation. Large windows flood the floor plan with natural light, highlighting newly redone floors, updated light fixtures, and a brand-new air conditioning systems. The space is now fully equipped for modern operations with an updated bathroom and the addition of a sleek kitchenette featuring a refrigerator, wine refrigerator, microwave, sink, and custom adjustable storag

Description

138 Spring Street presents an exceptional opportunity in the heart of Newport’s Historic Hill neighborhood. Positioned along one of the city’s primary thoroughfares, this property benefits from prominent drive-by exposure and consistent pedestrian traffic, directly across from Trinity Church and Queen Anne Square.
The interior has undergone a comprehensive renovation, showcasing modern finishes and improved functionality within a versatile two-level layout. Expansive windows enhance natural light throughout the space, complemented by updated hardwood floors and sleek lighting fixtures. Recent upgrades also include an all-new air conditioning system, renovated bathroom, and an efficient kitchenette outfitted with custom storage, microwave, refrigerator, and wine refrigerator.
The property includes a rear workroom for added operational flexibility and has received an exterior refresh, ensuring curb appeal and readiness for immediate occupancy. Situated in proximity to restaurants, retail, and Newport’s vibrant cultural amenities, this building offers a unique opportunity for retail, gallery, or boutique use within a historically significant district.

Amenities

  • Corner Lot
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Rhode Island Tf Green International 45 min - 28.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Candice Sandman 401-239-9519 Lila Delman Real Estate
Candice Sandman 401-239-9519 Lila Delman Real Estate