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$1,495,000 Just Listed
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Property Description
A rare multi-use opportunity in the heart of Portsmouth, Rhode Island. 2967 East Main Road presents a versatile canvas for developers, investors, and visionaries alike. The property consists of 2.84 acres and multiple outbuildings, including a 5,623 sq. ft. barn with approved plans for residential conversion, and 3 standalone buildings that can be renovated, moved, or torn down. Current commercial zoning allows for a wide range of potential uses, and an approved demolition permit offers the option to begin anew. Whether your vision involves expanding the residential footprint with additional condominiums or a new neighborhood, repurposing the existing structures for commercial use, or constructing new tradesman units, the groundwork is already established. The property includes site plans, septic approvals, and full engineered and architectural renderings supporting the development of additional residential units. Rooted in history dating back to the 1600s, when the land was originally deeded to the Borden family by the King of England, Borden Farm stands ready for its next chapter, offering an exceptional opportunity to blend heritage, flexibility, and possibility along one of Portsmouth's most desirable corridors.
Full Property Details
Full Property Details for 2967 E Main Rd
General
- Price: $1,495,000
- Taxes: $7,500 (2025)
- Status: Active
- Type: Commercial
- Source: STWMLS
- MLS ID: 1403283
- Updated: Today (1/15/2026)
- Added to Site: Today
Business
- Business Type: Commercial, Residential
Interior
- Furnishings: Unfurnished
Parking
- Total Spaces: 10
Location
- County: Newport
- Subdivision: North End
- Near Highway: Yes
Utilities
- Sewer: None
- Water: Connected, Public
- Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Not Available, Water Available
Structural Information
- # Buildings: 4
- Detached/Attached: Detached
- Construction: Frame, Other
- Stories/Levels: 0
- Year Built: 1860
Lot Features
- Lot Size (Acres): 2.84
- Lot Size (Sq. Ft.): 123,711
- Lot Size: 123711
- Sidewalks: Yes
- Potential Use: Commercial, Development, Investment, Mixed Use, Residential, Vacant
Financial Considerations
- Tax Amount: $7,500
- Tax Year: 2025
- Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Taxes
Disclosures and Reports
- Documents Avail.: Aerial, Building Plans, Environmental Study, Site Plan, Survey
- Inclusions: Mansard building and condo units are NOT included in the sale. Sale includes 2.84 acres of land, all permits, plans, renderings, and all other outbuildings besides the mansard condo building.
- Disclosures/Rstr.: Septic Disclosure
- Property ID: 2967EASTMAINRDPORT
- Lot Number: 32A
Listed by RE/MAX Results
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Schools
Schools serving 2967 E Main Rd
School District:Portsmouth School District, Portsmouth, RI
| Name | Grades | Distance |
|---|---|---|
Howard Hathaway School 53 Tallman Avenue, Portsmouth, RI 02871 | K-4 | 0.5 mi |
Portsmouth Middle School, Portsmouth, RI 125 Jepson Lane, Portsmouth, RI 02871 | 5-8 | 4.2 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 2967 E Main Rd
Date
Details
Price
Change
Source
1/15/2026
Listed
$1,495,000
57.37%
MLS
12/13/2024
Sold
$950,000
—
Public Record
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 2967 E Main Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,692
1%
$654,500
—
2024
$8,626
3%
$654,500
—
2023
$8,365
25%
$654,500
52%
2022
$6,686
2%
$429,700
—
2021
$6,579
2%
$429,700
—
2020
$6,476
-16%
$429,700
-9%
2019
$7,708
3%
$470,000
—
2018
$7,506
4%
$470,000
—
2017
$7,247
-4%
$470,000
—
2016
$7,520
1%
$470,000
—
2015
$7,426
—
$470,000
—
2014
$7,426
-1%
$470,000
-9%
2013
$7,466
—
$513,800
—
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 2967 E Main Rd
2967 East Main Road, Portsmouth, RI 02871 (MLS# 1403283) is a Commercial property. 2967 East Main Road is currently listed for $1,495,000 and was received on January 15, 2026. Want to learn more about 2967 East Main Road? Do you have questions about finding other Commercial real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.

