Jacob Graves
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