3279 East Main Road

Portsmouth, RI, 02871

$995,000

$335 per ft²
$995,000
$335 per ft²
Active
Active
 - For Sale
carpenters-square
2,968 ft²
property_type
Commercial
calendar
Built 1940
Prime investment opportunity located in Portsmouth Business District. Property consists of 1.42 acres. Commercial zoning/mixed use. 2 bay gas/service station consists of 2200 sq feet, 18,000 gallon fuel capacity/ 6 hose pump. Annual inspections. Tanks upgraded in 1997 with leak detection system, double walls made of steel and fiberglass. (report plan available during inspection period) Service bays have 3 hydraulic service lifts, inspection equipment, office, bathroom and storage rooms all with security camera and motion security system in place. Known as "Oliveira Garage". Also, 25,000 sqft of land for 7 approved mobile home sites. Known as "Oliveira's Trailer Park". Individual electric meters for each. 4 sites are leased until the end of 2022, 3 sites available. Possible expansion. And, a single family dwelling with 2 bedroom, full bath, full basement, hardwood flooring, septic system. The entire property is serviced by a well. Town water is available. The house and mobile home sites are accessed by "Oliveira Way," a private, paved access within this property with individual house numbers. This property has been central in the Town of Portsmouth with the same proprietors serving the community for over 60 years. There are many possible uses and opportunities to continue or expand the current use.
MLS® ID:
1310206
Listed:
5/18/22
Updated:
9/29/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Forced Air

Exterior/Building Features

Lot Size
1.42 acres lot
Sewer
Cesspool, Septic Tank

Other Property Details

Taxes
$7002
Tax Frequency
per YEAR
HOA Amenities
Business Center
Garage
No
Parking
N
Parking Total
20.0
View
N
County
Newport
Utilities
Electricity Available, Natural Gas Not Available, Phone Available, Water Available
Water Source
Well
Pool
No
Zoning
C

Property History

Date
Event
Price
Value
9/9/22
Price Change
$995,000
-9%

 

Courtesy of EAST SHORE PROPERTIES

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 6:31 PM UTC, 9/29/22.

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