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- LoopNet Team
331 Newport Ave
Rumford, RI 02916
Former Wishing Well (Retail Bridal Store) · Retail Property For Sale
Investment Highlights
- High visibility, stand alone building.
PROPERTY FACTS
Amenities
- Bus Line
- Security System
- Storage Space
- Air Conditioning
About 331 Newport Ave , Rumford, RI 02916
EXCELLENT VISIBILITY, HIGH TRAFFIC: 1995 Concrete Block Building with Addition (L shape), Approximately 2,948 +/- SF located on the westerly side of Newport Avenue in East Providence with ample parking, approximately 13,965 SF of land. Perfect size building for many uses. Zoned C-2 Commercial - Retail Sales/Resturant/Nursing Home/Funeral Home/Multi-Family Dwelling/Live/Work Space/Municipal Facility/Cultural/Nursing School/Clinic. Open floor plan, HVAC - Gas, 400 Amp, 3 Phase Service, High Ceilings, Flat Rubber Roof on (L Shape Addition) & Tar/Gravel on main structure. Slab Foundation (35 x 60) with (18 x 26) Rear Addition 2020 Real Estate Tax Rate $24.62/1,000 x $453,400 current assessed value = R.E. Taxes of $11,162/year or $930.17/month. Map 402, Block 10, Lot 24. Book 3335, Page 263. Zone: C2 = Minimum lot size of 5,000 sf, minimum front 50 feet front yeard 5', minimum side yard 0', minimum rear yard 20' maximum building coverage 60%, maximum building height 3 story or 40'. Property is considered legal conforming. ADDITIONAL OPTIONS: Looking for a larger site, options available with seller introducing 335 Newport Ave for a total of .62 acres, two buildings. Package offering, Inquire within.
PROPERTY TAXES
| Parcel Number | EPRO-000402-000010-000024 | Improvements Assessment | $260,700 |
| Land Assessment | $280,600 | Total Assessment | $541,300 |
PROPERTY TAXES
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