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229 Spring Street, Newport, RI, USA, 02840

  • Posted: 2/21/2024 4:55:02 AM

2060

sqft (approx)

Compensation: 2.50 %

Neighborhood: Historic Hill

$710,000 USD

First time on the market in more than 30 years! This mixed use building houses the world famous Franklin Spa along with a two bedroom apartment and a retail store front unit. ZONED GENERAL BUSINESS this mixed use building offers great flexibility for anyone looking to purchase in Newport. Operate an AirBnB upstairs (with appropriate licensing and registrations) and rent the lower two stores. The Franklin Spa has been in continuous operation, as the legend goes, since it's first life as a trolley stop in the late 1800's. Located at the corner of Spring Street and Franklin Street this location offers a unique and special blend of historic and commercial surroundings with high visibility and traffic without being overly loud or congested. Well maintained. Pre-inspection report and fire-safety report will be available soon as will professional photography. Zoning Certificate attached.