2139 Main RdTiverton, RI 02878
- Other commercial real estate
- 0.89 AC
Property Details for 2139 Main Rd
- Lot size
- 0.89 AC
- Zone code
- W
- Property type
- Other commercial real estate
- APN
- TIVE M:306 B:101
- APU
- TIVEM306B101
Description
This exceptional commercial property at 2139 Main Road, Tiverton, RI, presents a unique investment opportunity. Boasting 0.89 acres of land and 250 feet of deep-water frontage (8 feet at low tide), this waterfront location offers unparalleled potential. The property includes two buildings: a partially renovated 9,000 square foot structure situated on a new foundation with steel underpinnings, and a separate 2,500 square foot building. Both buildings are situated on a lot that is conveniently located just two miles from Route 24, ensuring excellent accessibility. The property's history includes previous uses as the Bridgeport Block and Manchester Seafood's site. The existing buildings date back to the late 1800s, offering a blend of historical charm and modern potential. The waterfront zoning allows for a wide range of permitted uses, while additional possibilities exist through special use permits. Previous approvals for hotel/hospitality usage demonstrate the property's suitability for a variety of commercial ventures. With its substantial size, prime location, and flexible zoning, this property is ideal for an investor seeking a high-impact commercial development project. The total building area is 11,280 square feet, offering ample space for diverse business needs. The asking price is $2,200,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $7,295,357
- Hospitality
- $6,682,508
- Educational
- $5,559,768
- Medical
- $5,750,977
- Retail
- $8,648,528
Location Insight
- City
- Tiverton
- County
- Newport
- State
- Rhode Island
- Latitude
- 41.6183
- Longitude
- -71.2069
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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