0 Sheffield Avenue, Newport, RI, 02840

0 Sheffield Avenue, Newport, RI, 02840

1917

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.


Status:

Active

Type:

Commercial

Units:

2

Zoning:

R10

Complex:

Van Zandt

Heating:

Forced Air

Cooling:

Window Unit(s), Central Air

Parking:

15-car

Acreage:

1.34

Est. Taxes:

$15,009

Assessment

$1,394,200

Permitted Use

Development,Industrial,Office,Residential,Single Family,Warehouse

Construction

Frame,Masonry

Utilities

Sewer Connected

Amenities:

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

Days on Market:

15

MLS #:

1405368


Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Gustave White Sotheby's Realty 401-849-3000