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$1,399,000
21 Days On Site

42 Main Road
Tiverton, RI 02878

For Sale|Multi Family|Active
6
Beds
4
Total Baths
2
Full Baths
2
Partial Baths
22,000
SqFt
$64
/SqFt
1949
Built
County:
Newport

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42 Main Road
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42-46 Main Road offers a rare opportunity to acquire a large, mixed-use commercial and residential building located in the heart of Tiverton, RI. Boasting a total usable space of approximately 20,000 square feet, including an oversized basement with high ceilings, this property offers significant potential for both investors and owner-occupiers. The building includes two commercial units on the first floor (currently vacant) and three spacious residential apartments on the upper floors. With numerous updates underway and new roofing being delivered at sale, the property is primed for immediate use or further development. Property Details: Total Square Footage (Including Basement): ~22,000 SF Total leasable square footage (GLA) 20,000 SF Residential Units: 3 (1) Oversized 4-bedroom apartment (2) Large 2-bedroom apartments Commercial Units: 2 (First Floor, Vacant) Lot Size: 0.601 Acres Ceiling Heights: Oversized throughout, including basement Zoning: General Commercial / Mixed Use Recent & Planned Updates New/Updated Roofing to be completed prior to sale Existing fire alarm system rough-in completed Ongoing cleanup and cosmetic improvements Strong Upside Potential: Nearby comparable properties are listed at $110-$213/SF. This property is currently priced at just $98/SF, offering room for appreciation.

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Listing Snapshot
Price 
$1,399,000
Days On Site 
21 Days
Bedrooms 
6
Inside Area (SqFt) 
22,000 sqft
Total Baths 
4
Full Baths 
2
Partial Baths 
2
Lot Size 
0.6 Acres
Year Built 
1949
MLS® Number 
1384692
Status 
Active
Property Tax 
$9,357
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.6
Foundation 
BlockBrick/MortarCombinationConcrete Perimeter
Parking 
No Garage
Parking Spaces 
30
Property Sub Type 
Multi Family
Security 
Security System Owned
Sewer 
Public Sewer
SqFt Above 
22000
SqFt Total 
22000
Utilities 
Cable Available
Water Source 
Public
Interior Features
Appliances 
DryerOvenRangeRefrigeratorTankless Water HeaterWasher
Basement 
FullPartially FinishedWalk-Out Access
Cooling 
Heat Pump
Electric 
Circuit Breakers
Flooring 
HardwoodCarpet
Heating 
Natural GasHeat PumpCentral
Interior 
Cathedral Ceiling(s)High CeilingsVaulted Ceiling(s)
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Exterior Features
Construction Details 
BrickVinyl Siding
Listing courtesy of Derek Greene of The Greene Realty Group 8605601006



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-06-03 06:40 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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