42 Spring Street
Why We Love it
42 Spring Street, Unit 6, Newport, RI 02840
Seize this exceptional opportunity to establish your business in the heart of historic Newport. This versatile first-floor space is ideal for retail or office use, offering a high-visibility location on bustling Spring Street with excellent exposure to vehicular traffic. Located directly across from the newly opened Spring Park and just steps away from iconic Washington Square, this space positions your business where foot traffic meets local charm. The location combines the allure of Newport's historic district with the convenience of a central, accessible location.
LEASE PRICE:
$1,850/ Month
LEASE PRICE:
$1,850/ Month
FLOOR:
First Floor
PROPERTY TYPE:
Commercial Building
AVAILABLE SPACE:
355 SqFt
AVAILABLE DATE:
Immediately
FRONTAGE:
Excellent visibility on high traffic Spring Street
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
INSURANCE:
$1M Public Liability Naming Landlord as Co-Insured
PLAT/LOT:
21 / 021
YEAR BUILT:
1920
NUMBER OF UNITS:
One unit available
UNIT DESCRIPTION:
First floor office or retail space
LOCATION:
North Spring Street located one block from Washington Square, and just across from Spring Park.
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 for office cleaning, common areas cleaned by landlord
ZONING:
GB - General Business
RESTRICTED USES:
Standard retail or office use only
FINANCIAL REQUIREMENTS:
Tenant must prove financial strength
RENT INCREASES:
4% Annual Increases