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$1,495,000 Just Listed

  • For Sale
  • Active
  • Commercial
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2.84 acres with commercial zoning, including a 5,623-square-foot barn along with three additional outbuildings offering flexibility for redevelopment, relocation, renovation, or removal. 2967 East Main Road presents a unique development opportunity in the heart of Portsmouth, RI. Extensive due diligence has already been completed, including engineering, site plans, septic approvals, architectural renderings, and approvals for ground up residential units. Whether your vision involves condominium development, mixed-use redevelopment, commercial investment, tradesman units, or a larger residential community, much of the groundwork is already in place. With frontage on East Main Road, excellent visibility, and a location just minutes from Newport, Bristol, and easy access to Boston, this property offers a rare combination of scale, flexibility, and development potential. Opportunities with approvals and planning already completed are increasingly difficult to find, making this an exceptional offering for a developer, investor, or visionary looking to bring the next chapter of Borden Farm to life.

Full Property Details for 2967 East Main Rd

General

  • Price: $1,495,000
  • Taxes: $7,500 (2025)
  • Status: Active
  • Type: Commercial
  • Source: STWMLS
  • MLS ID: 1414409
  • Updated: Today (6/4/2026)
  • Added to Site: Today

Business

  • Business Type: Commercial, Mixed, Residential

Interior

  • Furnishings: Unfurnished

Parking

  • Total Spaces: 20

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

Additional Structures

  • Other Structures: Barn(s)

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

Horse Property

  • Horse Facility Desc.: Barn

Financial Considerations

  • Assoc Fee Freq.: Monthly
  • 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, just the land that support the building.
  • Disclosures/Rstr.: Septic Disclosure
  • Property ID: 2967EASTMAINRDPORT
  • Lot Number: 32A

Listed by RE/MAX Results

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— 2967 East Main Rd —

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  • RE/MAX Results

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 2967 East Main Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/04/2026
Listed
$1,495,000
57.37%
MLS
12/13/2024
Sold
$950,000
—
Public Record
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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 for 2967 East 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2967 East Main Road, Portsmouth, RI 02871 (MLS# 1414409) is a Commercial property. 2967 East Main Road is currently listed for $1,495,000 and was received on June 04, 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.

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