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    2451 E Main Rd Portsmouth, RI 02871

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    For Lease
    $1,923 /Mo ($19 SF/Yr)

    1200 SF tradesman unit in Portsmouth's bustling town center.

    Property size:
    1,200 SF
    Lot size:
    1.80 Acres

    Property Features for 2451 E Main Rd

    General Information

    Size
    1,200 SF
    Lot size
    1.80 Acres

    Source: Homes By Connect Agent Katy Donovan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tradesman Space in Sakonnet Center

    The Sakonnet Business Center Unit 3 offers 1200 square feet of tradesman space, available for rent. Situated minutes from RT 24 in the heart of Portsmouth's town center, the Sakonnet Business Center features both tradesman and retail units. The location benefits from high traffic and great signage visibility. This unit, constructed five years ago, includes 14-foot automatic garage doors, durable concrete floors designed for large vehicles, gas heat, and a half bath. There is an opportunity to add a lofted area for additional storage or office space. The base rent is $16.50 per square foot, plus $2.73 per square foot triple net. The tenant is responsible for electric and gas, while the landlord covers water expenses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pearl and Rose Wellness Massage Therapist HOMES BY CONNECT Real Estate Agency Sakonnet Business Center Corporate Office Padanaram Boatworks Boat Builders DEP Creative Website Designer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.2512042
    Latitude
    41.59671

    Nearby Similar for Lease

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    • $8 SF/Yr
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      Aquidneck Island Industrial/Office Space

      Industrial/office space ideal for distribution and marine trades.
      1170 E Main Rd, Portsmouth, RI 02871
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    • $15 SF/Yr
      1,560 SF

      Portsmouth Plaza Retail Space

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    FAQs

    What type of property is this?
    Flex space - 1200 SF tradesman unit in Portsmouth's bustling town center.
    Where is this flex space located?
    The property is located at 2451 E Main Rd Portsmouth, RI.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - High traffic and great signage visibility for maximum business exposure.; - Minutes from RT 24 and in the heart of Portsmouth's town center.; - Like-new, five-year-old tradesman unit.
    (401) 323-3546
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2451 E Main Rd Portsmouth, RI 02871
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