0 Sheffield AVE, Newport, RI 02840
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0 Sheffield AVE, Newport, RI 02840
0 Sheffield AVE, Newport, RI 02840
0 Sheffield AVE, Newport, RI 02840
0 Sheffield AVE, Newport, RI 02840
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0 Sheffield AVE Newport, RI 02840

27,460 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 27,460 sqft

Price per Sqft $89

Subdivision Van Zandt

MLS Listing ID 1405368

HOA Y/N No

Abv Grd Liv Area 27,460

Year Built 1917

Annual Tax Amount $15,009

Tax Year 2025

Lot Size 1.340 Acres

Acres 1.34

Property Sub-Type Commercial

Property Description

Development opportunity. Currently used for industrial/commercial purposes, this offering includes two abutting lots totaling 1.37 acres. The 0.93-acre Sheffield Ave lot features two structures totaling approximately 21,860 SF and 5,600 SF. The adjacent 0.41-acre Garfield Ave parcel is vacant. Both lots are zoned R10, with grandfathered industrial/commercial use on the Sheffield lot. Combining the parcels allows for the creation of five separate R10 lots for development, or the existing structures may be utilized to maximize potential residential unit count. Fantastic opportunity for a residential development near downtown, continue to utilize as a commercial use, or a mixture of both.

Location

State RI

County Newport

Community Van Zandt

Zoning R10

Interior

Heating Forced Air

Cooling Window Unit(s), Central Air

Inclusions The property is being sold in "As Is" condition. The Seller shall not be obligated to perform any repairs, cleaning or removal of equipment or personal property prior to closing. The parties agree that the Seller intends to remove all desired items of equipment and personal property from the premises prior to closing. Anything remaining on the premises after closing shall be considered abandoned by the Seller and shall be the property of the Buyer. The Buyer acknowledges and agrees that it shall be the Buyer's responsibility to clean out the premises of all remaining items of equipment, personal property and debris post-closing.

Exterior

Community Features Marina, Near Schools, Pool, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks

Utilities Available Sewer Connected

Street Surface Asphalt,Paved

Total Parking Spaces 15

Building

Building Description Frame,Masonry, Public Restrooms

Foundation Concrete Perimeter

Sewer Connected

Water Connected

Structure Type Frame,Masonry

New Construction No

Others

Tax ID 0SHEFFIELDAVNEWP


Listed by Gustave White Sotheby's Realty
Parker Hayes

Parker Hayes

Agent

+1(978) 886-1120

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0 Sheffield AVE