138 Spring ST #1, Newport, RI 02840
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138 Spring ST #1, Newport, RI 02840
138 Spring ST #1, Newport, RI 02840
138 Spring ST #1, Newport, RI 02840
138 Spring ST #1, Newport, RI 02840
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Jason Monterecy

Jason Monterecy

+1(401) 480-9926
$ 485,000
Est. payment /mo
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138 Spring ST #1 Newport, RI 02840

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1418048

HOA Fees $126/mo

HOA Y/N No

Year Built 1900

Annual Tax Amount $2,199

Tax Year 2026

Property Sub-Type Commercial

Property 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 summer and fall seasons.

Location

State RI

County Newport

Zoning GB

Rooms

Basement Full

Interior

Heating Gas

Cooling 1 Unit, Wall Unit(s)

Inclusions Association fees paid in six month increments.

Exterior

Community Features Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks

Utilities Available Natural Gas Connected, Sewer Connected

Building

Lot Description Historic District

Story 2

Foundation Combination

Sewer Connected, Public Sewer

Water Connected, Multiple Meters, Public

Level or Stories 2

New Construction No

Others

Tax ID 138SPRINGST1NEWP

Security Features Fire Alarm,Smoke Detector(s),Fire Sprinkler System

Virtual Tour https://tour.RiLiving.com/138-Spring-Street-Unit-1-Newport-RI-02840--1418048

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Listed by Lila Delman Compass
Jason Monterecy

Jason Monterecy

Agent

+1(401) 480-9926

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138 Spring ST #1