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81 Sprague St 7,200 SF Specialty Building Offered at $1,395,000 in Portsmouth, RI 02871
Investment Highlights
- Ideal location, multiple use opportunities
Executive Summary
Located in a highly desirable area of Portsmouth, 81 Sprague Street presents a rare and versatile opportunity for developers, investors, or end-users looking to create something special. Set in a prime location with convenient access to major roadways, local amenities, and the charm of coastal Rhode Island, this property offers exceptional potential across a variety of uses. Whether you envision a thoughtfully designed subdivision, a private single-family estate, or a boutique condominium development, the possibilities here are abundant. The property may also lend itself well to a place of worship, community gathering space, or an elegant event venue, making it a unique offering in today's market. Surrounded by established neighborhoods and just minutes from beaches, marinas, dining, and shopping, this location combines accessibility with the lifestyle appeal that makes Portsmouth so sought-after. Opportunities like this where flexibility, location, and potential intersect are increasingly rare.
Property Facts
| Price | $1,395,000 | Lot Size | 2.48 AC |
| Price Per SF | $193.75 | Building Size | 7,200 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1975 |
| Building Class | B | ||
| Zoning | R20 | ||
| Price | $1,395,000 |
| Price Per SF | $193.75 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 2.48 AC |
| Building Size | 7,200 SF |
| No. Stories | 3 |
| Year Built | 1975 |
| Zoning | R20 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | PORT-000029-000000-000027 | Improvements Assessment | $498,600 |
| Land Assessment | $188,900 | Total Assessment | $687,500 |
Property Taxes
Parcel Number
PORT-000029-000000-000027
Land Assessment
$188,900
Improvements Assessment
$498,600
Total Assessment
$687,500
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81 Sprague St
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