966 – 1016 East Main Rd, Portsmouth
This is a rare opportunity to own the historic Old Almy Village. Located in southern Portsmouth near the iconic polo fields and numerous other attractions that Newport County offers. Old Almy Village is a vibrant center consisting of 18 commercial spaces. Fieldstone’s Grille, is a community favorite, as are the numerous other fine retailers and office tenants.
The adjacent two family home can also be purchased for $825,000. The property has a great rental history but also offers numerous development opportunities.
Currently there is only one vacancy so the successful buyer will benefit from a 7.23% capitalization rate. Financial information available upon request with an executed Non-Disclosure Statement.
- Restaurant building with two retail units
- Main building with retail + offices
- Two family home on abutting lot for expansion – fully occupied, please do not disturb
https://kirbyprop.com/site/wp-content/uploads/2021/04/Zoning-Info-1.pdf https://kirbyprop.com/site/wp-content/uploads/2021/04/Septic-Info-1.pdf https://kirbyprop.com/site/wp-content/uploads/2021/04/Brochure-2.pdf https://kirbyprop.com/site/wp-content/uploads/2021/04/Floor-Plans.pdf https://kirbyprop.com/site/wp-content/uploads/2021/04/Septic-Plan-1.pdf