1960 E Main Rd Portsmouth, RI 02871
This exceptional commercial property at 1960 East Main Road, Portsmouth, RI, presents a unique investment opportunity. The 7,584 square foot steel structure, constructed in 2010, sits on a 1.55-acre lot zoned for commercial use. Its prime location along the high-traffic East Main Road ensures excellent visibility and accessibility. The building boasts modern systems and a spacious layout, ideal for a variety of businesses. The interior comprises over 6,600 square feet of warehouse space equipped with efficient radiant flooring, perfect for storage and operations. In addition, there is 960 square feet of ground-floor retail space, providing ample opportunity for customer interaction and sales. A further 960 square feet of space on the second floor offers additional retail or office potential. This well-maintained property offers significant potential for growth and profitability, making it an attractive proposition for discerning investors seeking a strategically located commercial asset in a thriving area. The property's history as the long-standing home of a successful business adds to its appeal and demonstrates its suitability for a range of commercial uses. The 1.55-acre lot provides ample space for expansion or future development. This is a rare chance to acquire a ready-to-use commercial building in a high-demand location. The asking price is $1,950,000.
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Bill's Sales Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Portsmouth, RIPortsmouth. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.