Little Compton, RI 02837,90 Pottersville RD
Little Compton, RI 02837,90 Pottersville RD
Little Compton, RI 02837,90 Pottersville RD
$652,500
Est. payment /mo
$625,000
4.4%
Est.Price: ?

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5.2 Acres Lot
SOLD DATE : 11/27/2024

Key Details

Sold Price $652,500

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1357135

Sold Date 11/27/24

HOA Y/N No

Year Built 1920

Annual Tax Amount $4,604

Tax Year 2024

Lot Size 5.200 Acres

Acres 5.2

Property Sub-Type Commercial

Property Description

The Receiver has received an offer of $625,000, subject to higher or better offers and Court approval. A sale hearing is scheduled for October 7. 2024 at 9:30 a.m. before the Rhode Island Superior Court, Out-County Business Calendar sitting at the Newport County Superior Court. Any party may attend the sale hearing and present a higher or better competing offer. Any competing offers must be accompanied by a five percent (5%) deposit. Introducing a prime commercial restaurant space and land development opportunity nestled in the picturesque Little Compton, offering a sprawling 5.3 acres of potential. This offering is a Receiver Sale and is subject to court approval. The Restaurant is situated as a legal non-conforming use within a residential zone, the potential for transformation is boundless. Benefit from the substantial septic system and liquor license. This offering presents a unique chance to reimagine a restaurant space or the possibility of crafting a full-scale residential oasis across the expansive 5.3-acre canvas. Comprising two distinct lots one spanning 3.2 acres and the other 2.1 acres the flexibility to acquire either individually or as a combined parcel offers strategic investment opportunities. ** Please review the attached brochure for property information and sale process details.

Location

State RI

County Newport

Zoning Resident

Rooms

Basement None

Exterior

Utilities Available Natural Gas Not Available

Total Parking Spaces 100

Building

Building Description Frame, Public Restrooms

Foundation See Remarks

Sewer Septic Tank

Water Well

Structure Type Frame

New Construction No

Others

Tax ID 90POTTERSVILLERDLCOM

Financing Cash

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Listed by Kirby & Kirby
Bought with Kirby & Kirby

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