CCertihomes
130 Spring #1 or 2, Newport, RI 02840

$1,500

0 beds 0 baths Built 1849Active

About this home

Two separate commercial spaces are available, each for $1, 500 a month. A unique opportunity to lease a commercial space right in the middle of Spring Street that is available for the first time in 27 years! Enjoy the street traffic and historic charm of this beautiful building originally built in 1849. One side is around 1, 200 square feet and the other is around 900 square feet, for a total of 2, 100 square feet of usable space--this commercial unit has lots of versatility. Having previously been used by Jewelers J.H. Breakell & Co. for almost 3 decades, it was set up as a workshop and showroom, but there is ample room for multiple different options. Available for a long-term lease (2-year minimum). Inquire for more details or a showing! (can also be rented together, see MLS # 1301982)

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$388/mo

Real estate (PITI + HOA + PMI)
$14
Principal + interest$10
Property tax + insurance$3
PMI / 2nd mortgage$1
Utilities
$315
Heating + cooling$11
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$388/mo TLC
Budget$5,000/mo
Remaining after TLC$4,612/mo
Purchase price
$1,500
Down payment
$75 (5%)
Loan amount
$1,425
APR
7.19%

Quick facts

Type
Commercial Lease
Style
Year built
1849
Lot size
0.17 ac
Stories
1
Heating
Forced Air
Cooling
None
Water
Connected
HOA
Annual tax
MLS #
1353846
County
Newport

At a glance

Basement

Home features

Sewer
Connected

Lot features

Sidewalks, Local Historic District, Downtown, Historic

Neighborhood — 02840

MetricThis ZIPCountyUSA
Population25,6781,095,423299,088,112
Population Change Since1990-8.00%9.00%20.00%
Population Density3,344994
Male12,039529,266147,432,321
Female13,562566,157151,655,844
Never Married7,807266,40463,775,926
Married8,167435,678123,120,365
Separated1,47343,64212,639,686
Widowed1,69966,66815,467,586
Divorced2,69183,84323,075,029
Number Of House Hold10,531410,399111,826,380
Average House Hold Size2.272.562.60
Medial Age38.5237.2735.46
Median House Hold Income$48,216$47,553$48,276
Average House Hold Income$65,270$61,609$63,629
P C I$28,066$23,965$24,529
M D I$41,065$40,634$41,133
A T H E$52,096$49,940$50,898
S T R7.00%7.00%
W C J80.40%78.02%77.74%
(Zip) Code
2840

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 3/1/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.