About This Home

This 0-bedroom, 0-bathroom commercial at 138 Spring Street #1 in Newport, RI is listed for $470,000. Built in 1900, on a N/A lot.

Key Features

  • Built in 1900

Property Details

1 story
#1
1900

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$2,663/mo

20% down · 6.5% · 30 years

Principal$340
Interest$2,037
Insurance$137
HOA$149

Estimates only. Actual payments may vary.

Location

138 Spring Street #1

Newport, RI 02840

Features & Amenities

Interior Features

Ceiling Height (12 to 15 Ft)

Property Details

Heating

Natural Gas

Cooling

Wall Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 138 Spring Street is listed at $470,000. The estimated monthly payment is $2,663 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $149/month.

Key features include: Built in 1900. Interior Features: Ceiling Height (12 to 15 Ft).

This property is listed by Newport Living Group.

NG

Newport Living Group

Agent at Lila Delman Compass

Listed by Lila Delman Compass · Broker phone: 4018482101 · View on Broker Site · Broker website

MLS# 1418048· Source: State Wide MLS of Rhode Island, Inc.· 185 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

138 Spring Street #1, Newport, RI 02840

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