1016 E Main Rd | Portsmouth, RI 02871
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- LoopNet Team
1016 E Main Rd
Portsmouth, RI 02871
Old Almy Village · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Entrance serviced by traffic light
- Ideal for 1031 Exchange
- Ability to expand development with purchase of adjacent property
- Great tenants willing to sign longer leases if new buyer wishes
- 7.23 cap rate
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,077 SF
Building Class
B
Year Built/Renovated
1789/2008
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.33
Lot Size
1.06 AC
Zoning
C - Portsmouth's C (Commercial) Zone
Parking
20 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
343’ on E Main
PROPERTY TAXES
| Parcel Number | PORT-000057-000000-000005 | Improvements Assessment | $1,407,100 |
| Land Assessment | $776,200 | Total Assessment | $2,183,300 |
PROPERTY TAXES
Parcel Number
PORT-000057-000000-000005
Land Assessment
$776,200
Improvements Assessment
$1,407,100
Total Assessment
$2,183,300
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