Back to search
0 Sheffield Avenue Newport, RI $ 2,450,000
Share Save
$ 2,450,000 Get more info
0 Sheffield Avenue
$ 2,450,000
Back to search
Share Save

0 Sheffield Avenue

Newport, RI, 02840
$ 2,450,000
Bedrooms-- Baths-- Sq 27,460

Monthly Estimate*

$ 15,085

0 Sheffield Avenue, Newport, RI 02840 - Image 1
0 Sheffield Avenue, Newport, RI 02840 - Image 2
0 Sheffield Avenue, Newport, RI 02840 - Image 3
0 Sheffield Avenue, Newport, RI 02840 - Image 4
0 Sheffield Avenue, Newport, RI 02840 - Image 5
0 Sheffield Avenue, Newport, RI 02840 - Image 6
0 Sheffield Avenue, Newport, RI 02840 - Image 7
0 Sheffield Avenue, Newport, RI 02840 - Image 8
0 Sheffield Avenue, Newport, RI 02840 - Image 9
0 Sheffield Avenue, Newport, RI 02840 - Image 10
0 Sheffield Avenue, Newport, RI 02840 - Image 11
0 Sheffield Avenue, Newport, RI 02840 - Image 12
0 Sheffield Avenue, Newport, RI 02840 - Image 13
0 Sheffield Avenue, Newport, RI 02840 - Image 14
0 Sheffield Avenue, Newport, RI 02840 - Image 15
0 Sheffield Avenue, Newport, RI 02840 - Image 16
0 Sheffield Avenue, Newport, RI 02840 - Image 17
0 Sheffield Avenue, Newport, RI 02840 - Image 18
0 Sheffield Avenue, Newport, RI 02840 - Image 19
0 Sheffield Avenue, Newport, RI 02840 - Image 20
0 Sheffield Avenue, Newport, RI 02840 - Image 21
0 Sheffield Avenue, Newport, RI 02840 - Image 22

Commercial Property for sale in Newport, RI

for $2,450,000. This 27,460 square foot building was built in 1917 on a lot size of 1.34.

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.

See more
Commercial Active

Price

$ 2,450,000

Property Type

Commercial

Taxes

$ 15,009

Style

Lot Size

1.34

Year Built

1917

Town/City

Newport

County/Region

Newport

MLS | Web ID

1405368
Features
General
Sewer Connected
Heating Forced Air
Cooling Window Unit(s) Central Air
Utilities Sewer Connected
Possession Negotiable
Zoning R10
Construction Materials Frame Masonry
Year Built 1917
Electric 200+ Amp Service
Property Subtype Commercial
Tax Year 2025
Business Type Residential
Community Features Marina Near Schools Pool Recreation Area Restaurant Shopping Tennis Court(s) Sidewalks
County Newport
New Construction false
Property Type Commercial Sale
Subdivision Name Van Zandt
Possible Use Development Industrial Office Residential Single Family Warehouse
Building Features Public Restrooms
Status Active
City Newport
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 58370
Land Lease Y/N false
Tax Annual Amount 15009
Standard Status Active
Tax Assessed Value 1394200
Tax Lot 158
See more
Interior
Total Stories 0
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
Exterior
Water Source Connected
Total Parking 15
Inclusions The property is being sold in "As Is" condition. The Seller shall not be obligated to perform any repairs cleaning or removal of equipment or personal property prior to closing. The parties agree that the Seller intends to remove all desired items of equipment and personal property from the premises prior to closing. Anything remaining on the premises after closing shall be considered abandoned by the Seller and shall be the property of the Buyer. The Buyer acknowledges and agrees that it shall be the Buyer's responsibility to clean out the premises of all remaining items of equipment personal property and debris post-closing.
Lot Size Area 58370
Foundation Details Concrete Perimeter
Number of Buildings 2
Building Area Total 27460
Lot Size Acres 1.34
Road Surface Type Asphalt Paved
Road Frontage Type City Street
See more
* Excluded Features
List By
Gustave White Sotheby's Realty

Broker

msweeney@gustavewhite.com

Email

Affordability Calculator

$16,336
Per Month
92%
8%
0%
Monthly Principal & Interest
$15,085
Monthly Property Taxes
$1,251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
0 Elementary School
0 Middle School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/26/2026$2,450,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

0 Sheffield Avenue, Newport, RI, 02840 is a Commercial Property for sale at $2,450,000 with 27,460 sqft and a lot size of 1.34. 0 Sheffield Avenue was built in 1917. The property's zip code is 02840 which is in Newport, RI

Get more info