RI > Portsmouth > Borden Farm Estates
Portsmouth, RI 02871,2951 East Main RD
Portsmouth, RI 02871,2951 East Main RD
Portsmouth, RI 02871,2951 East Main RD
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$2,200,000
Est. payment /mo
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25,217 SqFt
New

2951 East Main RD Portsmouth, RI 02871

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 25,217 sqft

Price per Sqft $87

Subdivision Borden Farm Estates

MLS Listing ID 1393722

HOA Fees $863/mo

HOA Y/N No

Abv Grd Liv Area 25,217

Year Built 1860

Annual Tax Amount $15,000

Tax Year 2025

Lot Size 2.840 Acres

Acres 2.84

Property Sub-Type Commercial

Property Description

A rare opportunity in the heart of Portsmouth, Rhode Island. 2951 East Main Road offers multiple paths forward for developers, investors, and visionaries alike. Set on 2.84 acres, the property is anchored by a 6-unit Second Empire Victorian farmhouse, dating back to 1865 and listed on the National Register of Historic Places, with three turnkey condominiums currently available to rent or sell at retail. The property also features multiple outbuildings, most notably a 5,623 sq. ft. barn that has been fully approved to be retrofitted into 4 residential units. The complete development package encompasses site plans, septic approvals, and full engineered and architectural renderings. Current approvals allow for a total of 26 residential units across the property: six condominium units within the historic farmhouse (three already sold), four units in the converted barn, and sixteen additional ground-up new construction residences. Borden Farm traces its roots back to the 1600s when the land was deeded to the Borden family by the King of England. Today, it stands as both a testament to Portsmouth's past and an extraordinary canvas for the future.

Location

State RI

County Newport

Community Borden Farm Estates

Zoning C

Rooms

Basement Full

Interior

Heating Gas, Hot Water

Furnishings Unfurnished

Laundry Common Area, Laundry Room

Exterior

Community Features Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks, Trails/Paths

Utilities Available Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Water Available

Amenities Available Restaurant, Trail(s)

Street Surface Gravel

Total Parking Spaces 52

Building

Lot Description Historic District

Foundation Stone

Sewer Septic Tank

Water Connected, Public

Additional Building Barn(s)

Structure Type Frame

New Construction No

Others

Tax ID 29512967EASTMAINRDPORT

Security Features Fire Alarm,Fire Escape,Varies By Unit,Fire Sprinkler System

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Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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agent
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956

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Eric Coury

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I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.