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198 Thames Street

Retail on Thames Street


Property Description

Retail space now available for lease in Downtown Newport. Located right on Thames Street, this location benefits from high foot and vehicular traffic along with excellent street frontage.

Property Details

Address: 198 Thames, Newport, RI
Lease Price: $4,680/Month
Bathrooms: 1
Sewer: Public Connected
Water: Public Connected
Available Space: ~1,260 SqFt
Taxes: $371.64/ Month [1/6 of real estate taxes]
Unit Descriptions:

This space experienced flooding in the spring of 2020 and is in need of finish work. The responsibility of this work is negotiable between the tenant and landlord

Location: Downtown Newport
Road: Thames Street
Frontage: Excellent
Rent Increases: 5 years fixed
Term: 5 years preferred
Deposit: Equivalent of two month's rent preferred
Parking: N/A
Electric: Tenant Responsible
Heat / Air: Tenant Responsibility
Internet: Tenant Responsibility
Available Date: Immediately
Financial: Tenant must prove financial strength
Zoning: This space has previously been zoned for food use. There is potential to have a hood installed, please inquire to discuss.
Insurance: $1M Public Liability Naming Landlord as Co-Insured
Virtual PDFs:
https://kirbyprop.com/site/wp-content/uploads/2019/09/198-Thames-1st-South-Floorplan-1.pdf

198 Thames, Newport, RI,




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