42 Spring Street
Why We Love it
42 Spring Street, Unit 2, Newport, RI 02840
Take advantage of this remarkable chance to set up your business in the vibrant heart of historic Newport, just moments away from the iconic Washington Square. This adaptable first-floor space is perfect for either retail or office use, featuring: a highly visible location on lively Spring Street, outstanding exposure to vehicle traffic, and directly facing the newly opened Spring Park.
Position your business where foot traffic meets local charm. This space combines the allure of Newport's historic district with the convenience of a central, accessible location.
LEASE PRICE:
$2,000/ Month
LEASE PRICE:
$2,000/ Month
FLOOR:
First Floor
PROPERTY TYPE:
Commercial Building
AVAILABLE SPACE:
790 SqFt
AVAILABLE DATE:
Immediatly
FRONTAGE:
Excellent visibility on high traffic Spring street and located just across from the new Spring Park
TERM:
Landlord prefers a minimum of two year lease
BATHROOMS:
One bathroom in unit
ELECTRIC:
Separately Metered, tenants responsibility
SEWER:
Publicly Connected: Included in rent
WATER:
Publicly Connected: Included in rent
TAXES:
Included in rent
INSURANCE:
$1M Public Liability Naming Landlord as Co-Insured
CONDO ASSOCIATION:
No
PLAT/LOT:
21 / 021
YEAR BUILT:
1920
NUMBER OF UNITS:
One first floor retail space available
UNIT DESCRIPTION:
First floor retail space available
LOCATION:
North Spring Street located one block from Washington Square. Directly across from the new Spring Park.
ASSESSMENT:
N/A
PARKING:
Parking available in the rear of the building: first come first serve
HEAT:
Gas fired heat, included in rent
INTERNET:
Tenant Responsible. Provider: Cox Communications
LANDSCAPING/SNOW REMOVAL:
Landlord is responsible for landscaping and snow removal.
TRASH:
Tenant Responsible
CLEANING:
Tenant Responsible
ZONING:
GB- General Business
RESTRICTED USES:
Standard retail or office use only
FINANCIAL REQUIREMENTS:
Tenant must prove financial strength.
RENT INCREASES:
4% Annual Increases