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Carla Zimmerman

zcarla01@yahoo.com +1(401) 489-8452

$ 1,999,000

Est. payment | -/mo

8.33 Acres Lot

Save

$ 1,999,000

Est. payment | -/mo

Save

8.33 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1405719

HOA Y/N No

Annual Tax Amount $25,609

Tax Year 2023

Lot Size 8.330 Acres

Acres 8.33

Property Description

An exceptional opportunity to acquire 8.3 acres of highly visible, developable land in the heart of Portsmouth. Strategically positioned along East Main Road with outstanding traffic exposure, this Town Center zoned property offers tremendous flexibility and long-term potential. The Town Center zoning allows for a wide range of uses including mixed-use development, commercial, office, residential housing, and restaurant concepts. Development is subject to Planning approvals through a PUD (Planned Unit Development) application, creating the opportunity for a thoughtfully designed, high-impact project. The property features multiple access points, including direct frontage and access from East Main Road, plus two additional access points from the adjoining assisted living facility's access road. Infrastructure advantages include an active 8-inch water main that encircles the site, access to a pre-existing shared retention pond, and a right-of-way through the adjacent facility providing a fire emergency loop. Septic capacity is estimated at approximately 185 bedrooms, with additional capacity available within the designated septic easement area.

Location

State RI

County Newport

Zoning TC

Exterior

Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Shopping, Tennis Court(s), High Traffic Location

Utilities Available Natural Gas Available, Municipal Utilities, Phone Available, Water Connected

Topography Level

Building

Lot Description Corner Lot, Wooded, Level

Water Public

Structure Type Other

New Construction No

Others

Senior Community No

Tax ID 2500EASTMAINRDPORT

Listed by RE/MAX Revolution

Schools and Properties Nearby

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+1(401) 489-8452

zcarla01@yahoo.com

Learn More About LPT Realty

2500 East Main RD Portsmouth, RI 02871