Address
651 Main Rd, Tiverton, RI
Price
$ 1,200,000
Property Attributes
  • MLS#73155656
  • TypeCommercial
  • CountyNEWPORT
  • CityTiverton
  • Zip02878
  • StyleCommercial
  • Year Built1780
  • Taxes$ 9023
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.84 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
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 and more.

Price History
9/6/2023 Listed $1,200,000

General Features

Building Area Units Square Feet
Business Type Commercial
City Tiverton
County Newport
Directions Tiverton Business District
Home Warranty Y/N No
Lot Size Square Feet 36547
Property Type Commercial Sale
Senior Community Y/N No
Standard Status Active
Status Active
Street Name Main Rd
Tax Annual Amount 9023
Tax Lot 211
Tax Year 2023
Utilities Public Water, Private Sewer, Natural Gas Available
Waterfront Y/N No
Year Built 1780
Zoning GC
Zoning Description Legal Conforming

Exterior Features

Lot Size Acres 0.84
Lot Size Area 0.84
Lot Size Units Acres
Total Parking 35

Amenities

  • 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

Price
AVG $2.81M
$1.2M
Taxes
AVG $17,156
$9,023
Visits
AVG 180
52
Data Provided by Inside Real Estate®
Year Built
AVG 1879
1780
Walkscore
AVG 40
44
Data Provided by Walkscore® not using MLS data