2967 East Main Rd Rd - Flex FOR SALE


Portsmouth, RI 02871
$1,495,000 USD
401-241-1851
2967 East Main Rd Rd, Portsmouth, RI for Sale
$1,495,000 USD
Flex - FOR SALE
1/12
null | Request Cap Rate

2967 East Main Rd Rd
Portsmouth, RI 02871


OVERVIEW

A rare multi-use opportunity in the heart of Portsmouth, Rhode Island. 2967 East Main Road presents a versatile canvas for developers, investors, and visionaries alike. The property consists of 2.84 acres and multiple outbuildings, including a 5,623 sq. ft. barn with approved plans for residential conversion, and 3 standalone buildings that can be renovated, moved, or torn down. Current commercial zoning allows for a wide range of potential uses, and an approved demolition permit offers the option to begin anew. Whether your vision involves expanding the residential footprint with additional condominiums or a new neighborhood, repurposing the existing structures for commercial use, or constructing new tradesman units, the groundwork is already established. The property includes site plans, septic approvals, and full engineered and architectural renderings supporting the development of additional residential units. Rooted in history dating back to the 1600s, when the land was originally deeded to the Borden family by the King of England, Borden Farm stands ready for its next chapter, offering an exceptional opportunity to blend heritage, flexibility, and possibility along one of Portsmouth’s most desirable corridors.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Borden Farm

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Warehouse, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1860

UTILITIES

Gas, Water - City, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.84

LAND SF

123,710

ZONING

C

APN/PARCEL ID

756

ASK ABOUT THIS PROPERTY

Tyler BernadynRE/MAX ResultsMore Info
401-241-1851

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Tyler BernadynRE/MAX ResultsMore Info
401-241-1851

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.