651 Main Road, Tiverton, RI
$ 1,200,000
Property Attributes
  • MLS#1343210
  • TypeCommercial
  • CountyNEWPORT
  • CityTiverton
  • NeighborhoodBusiness District
  • Zip02878
  • StyleCommercial
  • Year Built1780
  • Taxes$ 9023
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.839991 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
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.

Price History
9/5/2023 Listed $1,200,000

General Features

City Tiverton
Construction Materials Other
Cooling Central Air
County Newport
Electric 200+ Amp Service
Heating Forced Air, Gas, Hot Water
Levels Two
Listing Agent State License REB.0016666
Lot Size Square Feet 36590
Possession Negotiable
Property SubType Commercial
Property Type Commercial Sale
Sewer Septic Tank
Standard Status Active
Status Active
Stories 2
Street Name Main
Subdivision Name Business District
Tax Annual Amount 9023
Tax Assessed Value 605600
Tax Lot 116
Tax Year 2023
Utilities Natural Gas Connected
Virtual Tour
Year Built 1780

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Road
Total Stories 2

Exterior Features

Frontage Length 341
Lot Size Area 36590
Lot Size Units Square Feet
Number of Buildings 2
Road Surface Type Asphalt
Total Parking 35


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02878

AVG $2.81M
AVG $17,156
AVG 180
Data Provided by Inside Real Estate®
Year Built
AVG 1879
AVG 40
Data Provided by Walkscore® not using MLS data