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.
| Location | |
|---|---|
| City/Town | Newport |
| County | Newport |
| Community Features | Marina, Private School, Public School, Recreational Facilities, Restaurants, Shopping, Near Swimming, Tennis |
| Interior | |
|---|---|
| Living Area | 27,460 sq. ft. |
| Heating | Central Air, Forced Air |
| Cooling | Central Air, Window Unit(s) |
| Interior Features | Ceiling Height (9 to 12 Ft) |
| Additional Information | |
|---|---|
| Tax Assessment | $1,394,200 |
| Zoning | R10 |
| Exterior | |
|---|---|
| Acreage | 1.34 |
Information is deemed reliable but is not guaranteed.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.
Enter your email address and we will send you a link to change your password.
