138 Spring St - Retail CONDO FOR SALE


Newport, RI 02840
$325,000 USD
401-239-9519
138 Spring St, Newport, RI for Sale
$325,000 USD
Retail CONDO - FOR SALE
1/30
null | Request Cap Rate

NEW


138 Spring St
Newport, RI 02840


HIGHLIGHTS

  • The location and amenities make it ideal for a boutique, gallery, specialty shop, or any business looking to thrive in a prime Newport spot.
  • Premier retail space -high-visibility location on Spring Street.
  • Beautiful hardwood floor and oversized plate glass bay windows.

OVERVIEW

Seize this incredible opportunity to launch or relocate your business in a high-visibility location on Spring Street at the top of Queen Anne's Square in downtown Newport. This unit is truly a shop owner's dream, perfectly timed for the lucrative holiday season! The unit features oversized plate glass bay windows that showcase merchandise and draws in customers. The natural light is simply amazing, creating a warm and inviting atmosphere. Located in an area renowned for its heavy foot traffic, ensuring your business gets maximum exposure and a constant flow of potential customers. The space is equipped with track lighting to highlight displays and a dedicated storeroom for inventory and supplies with the convenience of a 1/2 bath for staff and customer convenience. With the holidays right around the corner, this unit offers the perfect chance to capitalize on Newport's peak shopping season! Don't miss out on securing this fantastic premier retail space. The location and amenities make it ideal for a boutique, gallery, specialty shop, or any business looking to thrive in a prime Newport spot.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$560 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

1,435 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1870

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

GB

APN/PARCEL ID

NEWP-000024-000363-000001,NEWP-000024-000363-000002,NEWP-000024-000363-000004,NEWP-000024-000363-000005,NEWP-000024-000363-000006,NEWP-000024-000363-000007

ASK ABOUT THIS PROPERTY

Candice SandmanLila Delman Real EstateMore Info
401-239-9519

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Candice SandmanLila Delman Real EstateMore Info
401-239-9519

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.