138 Spring St - Storefront Retail/Office CONDO FOR SALE


Newport, RI 02840
$485,000 USD
401-239-9519
138 Spring St, Newport, RI for Sale
$485,000 USD
Storefront Retail/Office CONDO - FOR SALE
1/27
null | Request Cap Rate

138 Spring St
Newport, RI 02840


OVERVIEW

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

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$836 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

138 Spring Street Unit #1

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

580 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 CompassMore Info
401-239-9519

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Candice SandmanLila Delman CompassMore Info
401-239-9519

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