Technical
Financial
Distress signals
Property profile

130 Spring St Newport, RI 02840

OFF-MARKET
Warehouses
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Mediation Service
  • Consultant

Location

130 Spring St Newport, RI 02840
Newport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 130 Spring St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message