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$2,450,000
23 Days On Site
0 Sheffield AvenueNewport, RI 02840
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
27,460
SqFt
$89
/SqFt
1917
Built
Subdivision:
Van Zandt
County:
Newport
Call Now: 401-323-8292
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401-323-8292
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Development opportunity. Currently used for industrial/commercial purposes, this offering includes two abutting lots totaling 1.37 acres. The 0.93-acre Sheffield Ave lot features two structures totaling approximately 21,860 SF and 5,600 SF. The adjacent 0.41-acre Garfield Ave parcel is vacant. Both lots are zoned R10, with grandfathered industrial/commercial use on the Sheffield lot. Combining the parcels allows for the creation of five separate R10 lots for development, or the existing structures may be utilized to maximize potential residential unit count. Fantastic opportunity for a residential development near downtown, continue to utilize as a commercial use, or a mixture of both.
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Listing Snapshot
Price
$2,450,000
Days On Site
23 Days
Bedrooms
N/A
Inside Area (SqFt)
27,460 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.34 Acres
Year Built
1917
MLS® Number
1405368
Status
Active
Property Tax
$15,009
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing first seen on site | |
| 3 weeks ago | Listing updated with changes from the MLS® |
General Features
Acres
1.34
Additional Property Use
DevelopmentIndustrialOfficeResidentialSingle FamilyWarehouse
Building Features
PublicRestrooms
Foundation
Concrete Perimeter
Land Lease
No
Parking Spaces
15
SqFt Above
27460
SqFt Total
27460
Utilities
Sewer ConnectedWater Connected
Zoning
R10
Interior Features
Cooling
Window Unit(s)Central Air
Electric
200+ Amp Service
Heating
Forced Air
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Exterior Features
Construction Details
Frame
Road Frontage
City Street
Community Features
Community Features
PoolRestaurantTennis Court(s)Sidewalks
Roads
AsphaltPaved
Listing courtesy of Mike Sweeney of Gustave White Sotheby's Realty (401) 862-0164
Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-03-22 12:55 PM UTC
Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-03-22 12:55 PM UTC
Neighborhood & Commute
Source: Walkscore
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