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0 Baths
27,460 sqft

$1,995,000

0 Sheffield Avenue, Newport RI, 02840

Price per sqft$72.65
Built in1917
Property size27,460 sqft
Property typeCommercial

Overview

Active

Listed Feb 26, 2026

Updated 3h ago

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.

Additional information

MLS® ID
1405368

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.34 Acres

Other Property Details

Taxes
$15,009
Tax Frequency
Annually

Courtesy of Gustave White Sotheby's Realty, 401-849-3000

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 4:58 AM UTC, 10/14/2026.

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