Active

3279 East Main RoadPortsmouth, Rhode Island RI02871

Listing ID1310206

2,968 SqFt 1.420 Acres

$1,100,000

Prime investment opportunity located in Portsmouth Business District. Property consists of 1.42 acres. Commercial zoning/mixed use. 2 bay gas/service station consists of 2200 sq feet, 18,000 gallon fuel capacity/ 6 hose pump. Annual inspections. Tanks upgraded in 1997 with leak detection system, double walls made of steel and fiberglass. (report plan available during inspection period) Service bays have 3 hydraulic service lifts, inspection equipment, office, bathroom and storage rooms all with security camera and motion security system in place. Known as "Oliveira Garage". Also, 25,000 sqft of land for 7 approved mobile home sites. Known as "Oliveira's Trailer Park". Individual electric meters for each. 4 sites are leased until the end of 2022, 3 sites available. Possible expansion. And, a single family dwelling with 2 bedroom, full bath, full basement, hardwood flooring, septic system. The entire property is serviced by a well. Town water is available. The house and mobile home sites are accessed by "Oliveira Way," a private, paved access within this property with individual house numbers. This property has been central in the Town of Portsmouth with the same proprietors serving the community for over 60 years. There are many possible uses and opportunities to continue or expand the current use.
Data services provided by IDX Broker