60-64 Spring Street
Why We Love it
60-64 Spring Street, Unit 2, Newport, RI 02840
Retail or office corner location at Spring and Touro Streets offers one of the most visible commercial spaces in the city. Situated just across from the newly developed Spring Park, this property benefits from high traffic. Strategically positioned merely one block from the bustling Thames Street and Bellevue Avenue, ensuring a steady stream of both locals and tourists. The space's prominent visibility and central location makes it an ideal setting for a variety of retail concepts, or professional services.
LEASE PRICE:
$1,716 | Month
LEASE PRICE:
$1,716/ Month
FLOOR:
First Floor Retail Suite
PROPERTY TYPE:
Commercial Building
AVAILABLE SPACE:
700 SqFt
AVAILABLE DATE:
Immediately
FRONTAGE:
Excellent visibility on high traffic corner os Spring and Touro 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
TAXES:
Included in rent
INSURANCE:
$1M Public Liability Naming Landlord as Co-Insured
PLAT/LOT:
24 / 023
YEAR BUILT:
1710
NUMBER OF UNITS:
One first floor retail space available
UNIT DESCRIPTION:
First floor retail space available
LOCATION:
On the corner of Spring Street and Touro Street just up the road from Washington Square
ASSESSMENT:
N/A
PARKING:
No off street parking
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