For Sale
$1,950,000

1960 Main RdPortsmouth, RI 02871

7,584 SF Multi-Use Building, RI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property at 1960 East Main Road, Portsmouth, Rhode Island, offers a rare opportunity for business owners. The 7,584 square foot building, constructed in 2010, sits on a 1.55-acre lot zoned C, providing ample space and potential for diverse uses. The structure boasts a steel frame and features a blend of industrial and retail space, ideal for a variety of businesses. The warehouse area encompasses over 6,600 square feet, equipped with efficient radiant floor heating. In addition, there is 960 square feet of ground-floor retail space and another 960 square feet of retail/office space on the second floor. The building benefits from a high 30-foot ceiling height in the warehouse area. Its location on high-traffic East Main Road ensures excellent visibility and accessibility. This single-unit property is offered for sale at $1,950,000 with a gross lease type. The property's two stories and modern systems make it a highly attractive investment opportunity in a prime commercial location in Newport County. The property has served as a successful business location for nearly five decades, demonstrating its strong potential for continued success. This is a turnkey opportunity to acquire a well-maintained and strategically positioned commercial property in a thriving Rhode Island community.

Highlights

  • $1,950,000 asking price for a 7,584 SF industrial/retail property.
  • Located at 1960 E Main Rd, Portsmouth, RI 02871, on a 1.55-acre lot.
  • Features a 2-story, 2010-built steel structure with 30' ceilings.
  • Includes 6,600 SF of warehouse space, 960 SF of ground-floor retail, and 960 SF of second-floor retail/office space.
  • Gross lease, single-tenant occupancy, C-zoned.

Property Details for 1960 Main Rd

Property type
Warehouses, Retail properties
Square Feet
7,584 SF
Year Built
2010
Buildings
1
Stories
2
Lot Size (sq. ft)
67,518 SF
Units
1

Location Insight

City
Portsmouth
County
Newport
State
Rhode Island
Latitude
41.584489056443
Longitude
-71.252216361749
1960 Main Rd, Portsmouth, Rhode Island

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1960 Main Rd
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