1844 East Main Road Portsmouth, RI $ 1,075,000
1844 East Main Road
$ 1,075,000
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1844 East Main Road

Portsmouth, RI, 02871
$ 1,075,000
Baths0.0 Sq 3,192

Monthly Estimate*

$ 7,509

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View a Virtual Tour
Studio

Commercial Property for sale in Portsmouth, RI

for $1,075,000. This 3,192 square foot building was built in 1998 on a lot size of 0.55.

Open concept 3192 sq ft commercial building located in busy traffic intersection of East Main Rd in central Portsmouth. Lot sq ft is a combination of Lots A and B, approximately 23,959 sq ft with 177 ft of frontage. The building is set back on the lots with easy in and out access to parking and to the 2 overhead garage doors located on the East and the South sides of the building. Plenty of parking for approximately 16 vehicles with additional parking in the garages depending on how your business is set up. The foundation measures 100 x 33. The first floor of the building is divided into two. Both sections are wide open with the space easily renovated to meet the needs of the future owner. The second story provides private space for offices and/or a conference room. The current owners added the second floor when they purchased the building. In addition they replaced the 2 overhead garage doors, installed 2 staircases to the 2nd floor, renovated 1st floor bath and installed one on the 2nd floor, updated the electric panel, installed Central Gas Heating with AC for office area, 4 zone ductless heat pump system on first floor, updated exterior and interior lighting and more. With few available commercial opportunities available for sale, explore the opportunities here. Please note: Property assessments, taxes, lot frontage and total lot size are a combination of lots 44A and 44B.

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Commercial Active

Price

$ 1,075,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,878

Style

Commercial

Lot Size

0.55

Year Built

1998

Town/City

Portsmouth

County/Region

Newport

MLS | Web ID

1355572

Features
General
Sewer SepticTank
Heating Gas HeatPump
Cooling CentralAir Ductless HeatPump
Utilities ElectricityAvailable NaturalGasAvailable NaturalGasConnected MunicipalUtilities WaterConnected
Possession Negotiable
Zoning C
Security Features ClosedCircuitCameras CarbonMonoxideDetectors FireAlarm SmokeDetectors
Construction Materials Masonry
Year Built 1998
Electric Item3Phase
Stories 2
Levels Two
Property SubType Commercial
Tax Year 2024
Business Type Other Retail Warehouse
Community Features Golf HighwayAccess Marina NearHospital NearSchools Other PublicTransportation RecreationArea Restaurant SeeRemarks TennisCourts HighTrafficLocation StreetLights
County Newport
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Fairview and Stubtoe Lanes
Possible Use Commercial MiniStorage Office Retail Warehouse
Garage Y/N Y
Building Features PublicRestrooms
Status Active
City Portsmouth
Buyer Agent Compensation 2.5%NS
Disclosures SepticDisclosure
View Y/N N
Senior Community Y/N N
Total Units 1
Lot Size Square Feet 23953.0
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 0
Street Name East Main
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 4878.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/1844-East-Main-RD-Portsmouth-RI-02871--1355572
Days on Market 10
Standard Status Active
Occupancy Description Owner
Tax Assessed Value 381000
Tax Lot 44 A & B
Ownership Type LLC
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Interior
Basement None
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3192.0
Street Suffix Road
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 16.0
Lot Size Area 23953.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 3192.0
Lot Size Acres 0.55
Frontage Length 177
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1844
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* Excluded Features
List By
Hogan Associates Christie's

Broker

cathywicks2002@gmail.com

Email

Affordability Calculator

$7,916
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,509
Monthly Property Taxes
$407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$1,075,000 Listed Price

Map


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1844 East Main Road, Portsmouth, RI, 02871 is a Commercial Property for sale at $1,075,000 with 3,192 sqft and a lot size of 0.55. 1844 East Main Road is a studio with 0.0 baths and was built in 1998. The property's zip code is 02871 which is in Portsmouth, RI