138 Spring St # 1, Newport, RI

$470,000

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About 138 Spring St # 1

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.

Pricing and availability subject to change.

Features of 138 Spring St # 1

MLS® # 1418048
Price $470,000
Year Built 1900
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 138 Spring St # 1
City Newport
County Newport
State RI
Zip Code 02840

Amenities

Utilities Natural Gas Connected, Sewer Connected
Features Historic District
Is Waterfront No
Has Pool No

Interior

Heating Gas
Cooling 1 Unit, Wall Unit(s)
Fireplace No
# of Stories 2
Stories 2
Has Basement Yes
Basement Full

Exterior

Lot Description Historic District
Foundation Combination

Additional Information

Date Listed April 27th, 2026
Days on Market 134
Complex Name Queen Anne Condominium
Zoning GB
Short Sale No
RE / Bank Owned No
HOA Fees 126
HOA Fees Freq. Monthly

Listing Map

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