2951 East Main Road, Portsmouth, RI 02871
- 25,217 sqft
Commercial Property
Built in 1860
2.84acre lot
—— car garage
$87/sqft
Listed 3 months ago
Property Description
A rare opportunity in the heart of Portsmouth, Rhode Island. 2951 East Main Road offers multiple paths forward for developers, investors, and visionaries alike. Set on 2.84 acres, the property is anchored by a 6-unit Second Empire Victorian farmhouse, dating back to 1865 and listed on the National Register of Historic Places, with three turnkey condominiums currently available to rent or sell at retail. The property also features multiple outbuildings, most notably a 5,623 sq. ft. barn that has been fully approved to be retrofitted into 4 residential units. The complete development package encompasses site plans, septic approvals, and full engineered and architectural renderings. Current approvals allow for a total of 26 residential units across the property: six condominium units within the historic farmhouse (three already sold), four units in the converted barn, and sixteen additional ground-up new construction residences. Borden Farm traces its roots back to the 1600s when the land was deeded to the Borden family by the King of England. Today, it stands as both a testament to Portsmouth’s past and an extraordinary canvas for the future.
- Listing Status:
- Active
- Date Added:
- August 28, 2025 at 05:00AM
- Listing Office:
- RE/MAX Results : 401-848-7827
- MLS ID:
- 1393722

- General: Barn(s)
- Other Structures: Barn(s)
- Parking: Parking spaces: 52
- General: Frame0Stone
- Road/Access: Gravel
- HOA Amenities: RestaurantTrail(s)863.0Monthly
- Originating MLS: RIS_RIS
- County: Newport
- Zoning: C29512967EASTMAINRDPORT
- Utilities: Natural Gas AvailableNatural Gas ConnectedMunicipal UtilitiesWater ConnectedWater Available100 Amp ServiceCircuit BreakersSeparate Meters
- Water: ConnectedPublic
- Sewer: Septic Tank
- Source: RIS_RIS
This listing courtesy of RE/MAX Results
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Hathaway Elementary School
53 Tallman Ave, Portsmouth, RI, 02871
Grades KG-4
0.55 miles away
Portsmouth Middle School
125 Jepson Ln, Portsmouth, RI, 02871
Grades 5-8
4.25 miles away
Portsmouth High School
120 Education Ln, Portsmouth, RI, 02871
Grades 9-12
0.36 miles away
