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$2,600,000 Just Listed
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Property Description
An exceptional opportunity to acquire 8.3 acres of highly visible, developable land in the heart of Portsmouth. Strategically positioned along East Main Road with outstanding traffic exposure, this Town Center zoned property offers tremendous flexibility and long-term potential. The Town Center zoning allows for a wide range of uses including mixed-use development, commercial, office, residential housing, and restaurant concepts. Development is subject to Planning approvals through a PUD (Planned Unit Development) application, creating the opportunity for a thoughtfully designed, high-impact project. The property features multiple access points, including direct frontage and access from East Main Road, plus two additional access points from the adjoining assisted living facility's access road. Infrastructure advantages include an active 8-inch water main that encircles the site, access to a pre-existing shared retention pond, and a right-of-way through the adjacent facility providing a fire emergency loop. Septic capacity is estimated at approximately 185 bedrooms, with additional capacity available within the designated septic easement area.
Full Property Details
Full Property Details for 2500 E Main Rd
General
- Price: $2,600,000
- Taxes: $25,609 (2023)
- Status: Active
- Type: Lots/Land
- Source: STWMLS
- MLS ID: 1405719
- Updated: Today (3/3/2026)
- Added to Site: Today
Business
- Business Type: Residential
Additional Information
- Tennis: Yes
Location
- County: Newport
- Near Highway: Yes
Utilities
- Water: Public
- Utility Description: Natural Gas Available, Municipal Utilities, Phone Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Other
- Stories/Levels: 0
Lot Features
- Lot Size (Acres): 8.33
- Lot Size (Sq. Ft.): 362,855
- Lot Size: 362855
- Frontage: City Street, State Road
- Topography: Level
- Lot Features: Corner Lot, Wooded, Level
- Development Status: Raw Land
- Zoning: Multi-Family, Residential
Financial Considerations
- Tax Amount: $25,609.66
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Aerial, Site Plan
- Property ID: 2500EASTMAINRDPORT
- Lot Number: 15
Listed by HomeSmart Professionals
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Schools
Schools serving 2500 E Main Rd
School District:Portsmouth School District, Portsmouth, RI
| Name | Grades | Distance |
|---|---|---|
Howard Hathaway School 53 Tallman Avenue, Portsmouth, RI 02871 | K-4 | 1.3 mi |
Portsmouth Middle School, Portsmouth, RI 125 Jepson Lane, Portsmouth, RI 02871 | 5-8 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2500 E Main Rd
Date
Details
Price
Change
Source
3/03/2026
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2500 E Main Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,731
1%
$1,636,400
—
2024
$21,568
3%
$1,636,400
—
2023
$20,913
-14%
$1,636,400
5%
2022
$24,364
2%
$1,565,800
—
2021
$23,972
2%
$1,565,800
—
2020
$23,597
-8%
$1,565,800
—
2019
$25,761
3%
$1,570,800
—
2018
$25,086
4%
$1,570,800
—
2017
$24,222
-3%
$1,570,800
—
2016
$25,082
1%
$1,567,600
—
2015
$24,768
—
$1,567,600
—
2014
$24,768
2%
$1,567,600
-6%
2013
$24,211
—
$1,666,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2500 E Main Rd
2500 East Main Road, Portsmouth, RI 02871 (MLS# 1405719) is a Lots/Land property with a lot size of 8.33 acres. 2500 East Main Road is currently listed for $2,600,000 and was received on March 03, 2026. Want to learn more about 2500 East Main Road? Do you have questions about finding other Lots/Land real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.

