0 Sheffield Avenue

Newport, RI 02840 Directions
$2,450,000
  • 27,460Sqft
  • 1.34Acres
  • 1917Built
  • $89Price/Sqft

Property Highlights

  • Subdivision: Van Zandt
  • Days on Market: 42
  • MLS: 1405368

Property Highlights

  • Subdivision: Van Zandt
  • Days on Market: 42
  • MLS: 1405368

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...

Property Highlights

  • Subdivision: Van Zandt
  • Days on Market: 42
  • MLS: 1405368

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.

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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  • Additional Information
    • Days On Market: 42
    • Electrical Features: 200+ Amp Service
    • Living Area SqFt: 27460
    • On Market Date: 2026-02-26
    • Parking Spaces: 15
    • Road Type: City Street
    • Subdivision: Van Zandt
    • Tax Amount: $15,009
    • Tax Year: 2025
    • Type: Commercial Sale
    • Unit Count: 2
    • Utilities: Sewer Connected, Water Connected
    • Year Built: 1917
  • Amenities
    • Pool
    • Restaurant
    • Tennis Court(s)
    • Sidewalks
  • Interior/Exterior Features
    • Construction Materials: Frame
    • Cooling: Window Unit(s), Central Air
    • Foundation: Concrete Perimeter
    • Heat: Forced Air

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 04/10/2026. Listed By: Michael Sweeney of Gustave White Sotheby's Realty.

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