2139 Main Rd Tiverton, RI 02878-4607
This exceptional commercial property at 2139 Main Road, Tiverton, RI, presents a unique investment opportunity. Boasting 0.89 acres of land and 250 feet of deep-water frontage (8 feet at low tide), this waterfront location offers unparalleled potential. The property includes two buildings: a partially renovated 9,000 square foot structure situated on a new foundation with steel underpinnings, and a separate 2,500 square foot building. Both buildings are situated on a lot that is conveniently located just two miles from Route 24, ensuring excellent accessibility. The property's history includes previous uses as the Bridgeport Block and Manchester Seafood's site. The existing buildings date back to the late 1800s, offering a blend of historical charm and modern potential. The waterfront zoning allows for a wide range of permitted uses, while additional possibilities exist through special use permits. Previous approvals for hotel/hospitality usage demonstrate the property's suitability for a variety of commercial ventures. With its substantial size, prime location, and flexible zoning, this property is ideal for an investor seeking a high-impact commercial development project. The total building area is 11,280 square feet, offering ample space for diverse business needs. The asking price is $2,200,000.
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Monarch Moorings, Inc Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
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Nanaquaket Bridge Waterfront Public Access Point Park
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
W · Tiverton, RITiverton. 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.