966 East Main Road - Multi Family or Commercial

Retail-Commercial for Sale
Sale Pending
Also listed as Multi-Family
Catylist Listing ID: 30788253
Property Subtypes: Mixed Use
Status: Pending
Building Size (RSF): 3,074 SF
Gross Building Area: See Agent
Sale Price: $825,000
Unit Price: $268.38 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/17/2022

Overview / Comments

Wonderful two-family home with a large 4 bedroom on two floors with basement storage; second apartment is a one bedroom up/down on the north side. Lovely shared private yard in the rear with an abundance of trees for shady tranquil living in the warmer months. The property is set back off East Main Road and is located between Old Almy Village and Anna D’s restaurant. Buyer must replace septic system. Seller has approved plans for septic suitable for existing use. Located in the Town of Portsmouth’s Commercial Zone, possibilities for development also exist. Please see zoning pdf attached.

Attachments & Media

Additional Details

Nearest MSA: Providence-Warwick
County: Newport
Tax ID/APN: PO 57 4A
Property Located Between: Old Almy Village and Anna D's restaurant
Property Visibility: Excellent
Largest Nearby Street: East Main Road
Feet of Frontage: 100
Highway Access: State highway Rte 138A
Site Description: Shopping area with restaurants
Area Description: East Main Road at Old Almy Village
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1928
Heat Type: Oil
Heat Source: Baseboard
Zoning Description: C (Commercial)
Lot Frontage: 100'
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,144 19,053 52,973
Median Age: 45.62 42.86 42.44
Households: 2,441 7,682 22,008

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