Why We Love it
2949 East Main Road, Portsmouth, RI 02871
Built in 2023, this modern three-unit tradesmen building offers an excellent investment or owner-user opportunity along highly traveled East Main Road in Portsmouth. With two units currently leased and just one unit available, the property provides immediate rental income with the flexibility for a buyer to occupy the remaining space or lease it for additional revenue. Featuring excellent road visibility, ample on-site parking, and newer construction, this property is ideal for contractors, tradespeople, small businesses, or investors seeking a low-maintenance commercial asset.
This property is being sold “as-is”, as part of a receivership sale. All offers are subject to court approval.
SALE PRICE:
$2,300,000
SALE PRICE:
$2,300,000
RENT ROLL & EXPENSES:
Please inquire for full package
BUILDING SIZE:
9,000 SqFt
LOT SIZE:
0.99 Acres | 43,124 SqFt
GARAGE DOORS:
16’W x 14’H
PROPERTY TYPE:
Commercial Tradesmen Center
CONSTRUCTION TYPE:
Custom build, wood frame, composite siding
ROOF:
Asphalt shingles
WATER:
Publicly connected
BATHROOMS:
One full bathroom in each unit
UNITS:
Three, 3,000 SqFt Tradesmen units. Each unit has a full bath with shower.
HEAT/AIR:
Gas fired HVAC
FRONTAGE:
110 Feet of frontage along high traffic East Main Road
ELECTRIC:
3 phase | 400 Amp
SEWER:
Septic System | 1,000 gallon tank with 1 galley
ZONING:
C1 - Commercial
ASSESSMENT:
$1,172,300
TAXES:
$12,012.94/ Year - Per 2025 tax rate
PLAT/ LOT:
31 / 32 / C
YEAR BUILT:
2023