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$325,000
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Property Description
Seize this incredible opportunity to launch or relocate your business in a high-visibility location on Spring Street at the top of Queen Anne's Square in downtown Newport. This unit is truly a shop owner's dream, perfectly timed for the lucrative holiday season! The unit features oversized plate glass bay windows that showcase merchandise and draws in customers. The natural light is simply amazing, creating a warm and inviting atmosphere. Located in an area renowned for its heavy foot traffic, ensuring your business gets maximum exposure and a constant flow of potential customers. The space is equipped with track lighting to highlight displays and a dedicated store room for inventory and supplies with the convenience of a 1/2 bath for staff and customer convenience. With the holidays right around the corner, this unit offers the perfect chance to capitalize on Newport's peak shopping season! Don't miss out on securing this fantastic premier retail space. The location and amenities make it ideal for a boutique, gallery, specialty shop, or any business looking to thrive in a prime Newport spot.
Full Property Details
Full Property Details for 138 Spring St #1
General
- Sold For: $325,000
- HOA FEE: $126/month
- Taxes: $2,175 (2025)
- Status: Closed
- Type: Office
- Source: STWMLS
- MLS ID: 1399556
- Added to Site: 72 day(s) ago
Business
- Business Type: Professional/Office, Retail
Additional Information
- Tennis: Yes
- Security/Safety: Fire Alarm
Location
- County: Newport
- Subdivision: Historic Hill
- Building Name: Queen Anne Condominium
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: 1 Unit, Wall Unit(s)
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Multiple Meters, Public
- Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Detached/Attached: Detached
- Basement Desc.: None
- Stories/Levels: 0
- Building Size: 580
- Finished Total: 580 Sq. Ft.
- Finished Above Grnd: 580 Sq. Ft.
- Year Built: 1900
Lot Features
- Frontage: City Street, Asphalt
- Sidewalks: Yes
- Lot Features: Historic District
- Development Status: Subdivided
- Potential Use: Office, Retail
Financial Considerations
- Association Fee: $126
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,175.8
- Tax Year: 2025
Disclosures and Reports
- Property ID: 138SPRINGST1NEWP
- Lot Number: 363-1
Listed by Lila Delman Compass
Sold by Flagship Real Estate Advisors
Get Pre-Approved Today
Schools
Schools serving 138 Spring St #1
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 138 Spring St #1
Date
Details
Price
Change
Source
12/18/2025
Sold
$325,000
—
MLS
11/05/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
138 Spring Street #1, Newport, RI 02840 (MLS# 1399556) is a Office property that was sold at $325,000 on December 18, 2025. Want to learn more about 138 Spring Street #1? Do you have questions about finding other Office real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

