$3,395,000

2951 East Main Road, Portsmouth, RI 02871

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1860
  • Property Lot Size Icon2.84acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Welcome to 2951 East Main Road, a fully approved 26 unit residential condominium development. What’s there now? 6 existing units, within the farmhouse, can be sold immediately as condos. Condo Docs complete. 5,623 sq.ft. barn, with approvals to be retrofitted into 4 units. Full development package, including site plans, septic plans and engineered / architectural renderings. What’s approved? 26 Units total: 6 existing units, 4 units retrofitted in the barn, 16 ground up construction units. What’s the value? Appraised ‘as is’ at $2,750,000, Gross (condo) sell out, post construction: $12,200,000 https://www.kirbykirby.com/listings/2951-east-main-rd

Listing Status:
Active
Date Added:
May 12, 2025 at 05:00AM
Listing Office:
Kirby & Kirby : 401-324-0048
MLS ID:
1384562
  • Laundry: Common AreaLaundry Room
  • Basement: Partial
  • Heating: Gas

This listing courtesy of Kirby & Kirby

Location

Schools Nearby

H

Hathaway Elementary School

53 Tallman Ave, Portsmouth, RI, 02871

Grades KG-4

0.55 miles away

P

Portsmouth Middle School

125 Jepson Ln, Portsmouth, RI, 02871

Grades 5-8

4.25 miles away

P

Portsmouth High School

120 Education Ln, Portsmouth, RI, 02871

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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