USARINewportVan Zandt0 Sheffield Ave
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New
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$2,450,000

For Sale

4 days ago

0 Sheffield Ave, Newport, RI

MLS® 1405368

0 Bed

0 Bath

27460 sqft

15 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 27460 sqft
Garage No
HOA Fees 
Taxes $15,009
Days Active 4
Approx. Age 1917
Avg. Price Per Sqft $89
MLS® Number 1405368

Property Address: 0 Sheffield Ave, Newport, RI, 02840

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1405368
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1917
Stories0
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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.

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$2,450,000List Price
  • Commute

Commute

Starting Address
Destination Address
0 Sheffield Ave, Newport, RI

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