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Property profile & analytics
OFF-MARKET
Warehouses

130 Spring St Newport, RI 02840

Property ID
Property summary
AI-generated overview

This exceptional Newport, Rhode Island commercial property at 130 Spring Street, Units 1 & 2, presents a rare leasing opportunity. Located in a vibrant area, this single-tenant space offers 2,100 square feet within a three-story building constructed in 1849. The property boasts a 7,405 square foot lot and benefits from its prominent Spring Street address, offering high visibility and foot traffic. Previously occupied for nearly 30 years by a jeweler, the space is adaptable to a variety of uses, including retail, office (traditional, executive, or creative), warehouse, or salon/barbershop, among others. The zoning is GB. The building includes one parking space. This unique opportunity is available for a long-term lease with a minimum two-year commitment. The property's rich history and prime location combine to create an exceptional investment prospect. Contact us to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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