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Coldwell Banker Realty
Sheffield Avenue, Newport, RI 02840
- $1,995,000
- List Price
- $1,995,000
- Status
- ACTIVE
- MLS#
- 1405368
- Price Change
- ▼ $455,000 1791938071
- Year Built
- 1917
- Acres
- 1.34
- Subdivision
- Van Zandt
Property Description
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.
Additional Information
- Taxes
- $15,009
- Lot Size
- 58,370
- Heating
- Forced Air
- Cooling System Type
- Window Unit(s), Central Air
- Sewer
- Connected
- Water Source
- Connected
- Parking Spaces
- 15
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Listing courtesy of Gustave White Sotheby's Realty. Contact: 401-862-0164
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. Information is deemed reliable but is not guaranteed. © 2026 State-Wide Multiple Listing Service. All rights reserved. Data Last Updated: