For sale

$485,000

138 Spring St #1, Newport, RI 02840

0beds

580sqft

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Condominium

Built in 1900

-- sqft lot

$-- Zestimate^®

$836/sqft

$126/mo HOA

What's special

Updated light fixturesUpdated bathroomNewly redone floorsRecent exterior refreshBrand-new air conditioning system

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 spring and summer seasons.

45 days

1,317

38

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
1/2 bathrooms: 1

Heating

Natural Gas, Gas Connected

Cooling

Individual Unit, Wall Unit(s)

Appliances

Included: Microwave, Refrigerator

Features

Wall (Dry Wall), Wall (Plaster)
Flooring: Hardwood
Basement: Full,Bulkhead,Unfinished,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 580
Total interior livable area: 580 sqft
Finished area above ground: 580
Finished area below ground: 0

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Property

Parking

Parking features: No Garage, Unassigned

Features

Stories: 2
Entry location: First Floor Access

Lot

Features: Local Historic District

Details

Zoning: GB

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Dry Wall, Plaster, Clapboard
Foundation: Mixed

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: 100 Amp Service, Circuit Breakers, Individual Meter
Sewer: Public Sewer
Water: Individual Meter, Municipal
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Tennis
Subdivision: Historic Hill

HOA

Has HOA: No
HOA fee: $126 monthly

Location

Region: Newport

Financial & listing details

Price per square foot: $836/sqft
Annual tax amount: $2,199
Date on market: 4/28/2026
Inclusions: Association fees paid in six month increments.

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/12/2026	Listed for sale	$485,000$836/sqft
Source: StateWide MLS RI #1411160 Report a problem
5/4/2026	Contingent	$485,000$836/sqft
Source: StateWide MLS RI #1411160 Report a problem
4/28/2026	Listed for sale	$485,000$836/sqft
Source: StateWide MLS RI #1411160 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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