Renovated Two-Level
For Sale
$485,000
1-138 Spring St, Newport, RI 02840
Updated retail space with natural-light interiors, air conditioning, and a kitchenette configured for commercial use.
Property SizeContact for details
Days on Market46
Property Features for 1-138 Spring St
General Information
Standard status
Active
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,199
Amenities
large windows
newly redone floors
updated light fixtures
new air conditioning systems
updated bathroom
kitchenette with refrigerator, wine refrigerator, microwave, and sink
rear storage/workroom
Listing Agency:
Lila Delman Compass
(401) 338-3771
Listed By:
Newport Living Group
(401) 338-3771
Source:
Exprealty
Added: Jul 16
Changed: Aug 30
Last Checked: Aug 30 at 12:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lila Delman Compass
Investment Insights
Based on property information with market context.
This two-level storefront on Spring Street in Newport, Rhode Island, has undergone an extensive interior update. The space features large windows, renewed flooring, upgraded light fixtures, and new air-conditioning systems. A refreshed bathroom and compact kitchenette add practical support space, with the kitchenette including a refrigerator, wine refrigerator, microwave, sink, and adjustable built-in storage.
A rear storage and workroom area extends the usable layout, while the exterior has also received recent improvements. The property sits across from Trinity Church and Queen Anne Square on Spring Street, identified as one of Newport’s primary thoroughfares. The address is 1-138 Spring St, Newport, RI.
A rear storage and workroom area extends the usable layout, while the exterior has also received recent improvements. The property sits across from Trinity Church and Queen Anne Square on Spring Street, identified as one of Newport’s primary thoroughfares. The address is 1-138 Spring St, Newport, RI.
Key Highlights
- Two‑level storefront on Spring Street in Newport, RI
- Large windows provide substantial natural light throughout the space
- Newly redone floors and updated light fixtures
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,650
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 29%
Apparel 26%
Shops & Services 24%
Beauty & Spa 11%
Newport Marriott Hotel & Spa
Hotels & Casinos
15,983 visits/mo
0.4 miles
Sephora
Beauty & Spa
6,200 visits/mo
0.2 miles
Gap
Apparel
6,012 visits/mo
0.2 miles
Citizens Bank
Shops & Services
5,610 visits/mo
0.2 miles
Santander Bank
Shops & Services
4,322 visits/mo
0.4 miles
Demographics for 02840, RI
23,902
Population
13,515
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
3,274
Density / Sq Mi
$83,515
Median Household Income
$41,228
Median Earnings
$1,610
Median Rent
$669,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Greenlion — 174 Bellevue Ave #220, Newport, RI 02840
- Broadway Florist — 12 Corne St, Newport, RI 02840
- Floralia Newport — 99 Spring St, Newport, RI 02840
- The Water's Edge Flowers — 212 Broadway, Newport, RI 02840
- Fleur Soiree — 50 Friendship St, Newport, RI 02840
Frequently Asked Questions
What type of property is this?
Storefront property - Updated retail space with natural-light interiors, air conditioning, and a kitchenette configured for commercial use.
Where is this storefront property located?
The property is located at 1-138 Spring St Newport, RI.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two‑level storefront on Spring Street in Newport, RI; Large windows provide substantial natural light throughout the space; Newly redone floors and updated light fixtures
