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$2,450,000
New Listing

0 Sheffield Avenue
Newport, RI 02840

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
27,460
SqFt
$89
/SqFt
1917
Built
Subdivision:
Van Zandt
County:
Newport
0 Sheffield Avenue0 Sheffield Avenue0 Sheffield Avenue0 Sheffield Avenue
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Monthly Payment (Est.)

$11,178
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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.

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Listing Snapshot
Price 
$2,450,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
27,460 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.34 Acres
Year Built 
1917
MLS® Number 
1405368
Status 
Active
Property Tax 
$15,009
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
16 hours agoListing first seen on site
21 hours agoListing updated with changes from the MLS®
General Features
Acres 
1.34
Additional Property Use 
DevelopmentIndustrialOfficeResidentialSingle FamilyWarehouse
Building Features 
PublicRestrooms
Foundation 
Concrete Perimeter
Land Lease 
No
Parking Spaces 
15
SqFt Above 
27460
SqFt Total 
27460
Utilities 
Sewer ConnectedWater Connected
Zoning 
R10
Interior Features
Cooling 
Window Unit(s)Central Air
Electric 
200+ Amp Service
Heating 
Forced Air
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Exterior Features
Construction Details 
Frame
Road Frontage 
City Street
Community Features
Community Features 
PoolRestaurantTennis Court(s)Sidewalks
Roads 
AsphaltPaved
Listing courtesy of Mike Sweeney of Gustave White Sotheby's Realty (401) 862-0164



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for 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 not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-02-27 11:12 AM UTC

Neighborhood & Commute
Source: Walkscore
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