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651 Main Road

Tiverton, RI 02878
  • $1,200,000
  • STATUS: Active
  • ON SITE: 88 Days
  • MLS #: 1343210
UPDATED: 35 min ago
$1,200,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1780
County:
Area:

School Ratings & Info

Description

Rare sought-after Main Road (RT 138) COMMERCIAL PROPERTY in the heart of TIVERTON'S BUSINESS DISTRICT. Excellent Condition 5,500 SF Building, plus self-supporting 1,200 SF Commercial Garage on the rear of the property. Family Owned. Almost 1-Acre with more than 35 Parking Spaces. The property has 194 feet of frontage on Main Road, and 147 feet on Pleasant Avenue. The property is air conditioned, and has updated electrical service and heating systems. There are six current/prospective lease/rental units generating approximately $100,200 in income annually. The portion of the building currently leased by a national insurance agency, is a suite which presently has 11-plus staff offices/cubicles, kitchen, storage and more. Long-term tenants occupy a first floor suite used for a wellness business, and a second floor 3-bedroom apartment unit. The Business District includes many dozens businesses such as a US Post Office, BankNewport, lumber yard/hardware company, grocery stores, gas stations, coffee shops and much more. See RI MLS# 1343285.

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[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-12-03T11:37:35.253.
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651 Main Road Tiverton, RI 02878

  • Price: $1,200,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 35 min ago
  • MLS #: 1343210
0
Beds
0
Baths
0
½ Baths
0.84
Acres
1780
Built
Neighborhood:
Business District
County:
Newport
Area:
Tiverton
Property Description
Rare sought-after Main Road (RT 138) COMMERCIAL PROPERTY in the heart of TIVERTON'S BUSINESS DISTRICT. Excellent Condition 5,500 SF Building, plus self-supporting 1,200 SF Commercial Garage on the rear of the property. Family Owned. Almost 1-Acre with more than 35 Parking Spaces. The property has 194 feet of frontage on Main Road, and 147 feet on Pleasant Avenue. The property is air conditioned, and has updated electrical service and heating systems. There are six current/prospective lease/rental units generating approximately $100,200 in income annually. The portion of the building currently leased by a national insurance agency, is a suite which presently has 11-plus staff offices/cubicles, kitchen, storage and more. Long-term tenants occupy a first floor suite used for a wellness business, and a second floor 3-bedroom apartment unit. The Business District includes many dozens businesses such as a US Post Office, BankNewport, lumber yard/hardware company, grocery stores, gas stations, coffee shops and much more. See RI MLS# 1343285.
Exterior Features

Construction Materials Other Frontage Length 341 Levels Two Parking Total 35

Interior Features

Cooling Central Air Cooling YN Yes Heating Forced Air Gas Hot Water Heating YN Yes

Property Features

Electric Item200 Amp Service Human Modified YN No Land Lease YN No New Construction YN No Property Sub Type Commercial Road Surface Type Asphalt Sewer Septic Tank Tax Annual Amount 9023 Tax Assessed Value 605600 Tax Lot 116 Tax Year 2023 Utilities Natural Gas Connected

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Tom Timberlake Real Estate: .



[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-12-03T11:37:35.253.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882