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81 Sprague Street

Portsmouth, RI 02871
  • $1,395,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 1406628
UPDATED: 44 min ago
$1,395,000
  • 0
    BEDS
  • 2.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,200
    SQFT
  • $194
    $/SQFT
Type:
Commercial
Built:
1975
County:
Area:

School Ratings & Info

Description

Located in a highly desirable area of Portsmouth, 81 Sprague Street presents a rare and versatile opportunity for developers, investors, or end-users looking to create something special. The current building offers 7200 square ft over 3 levels situated on a 2.95 acre lot. Set in a prime location with convenient access to major roadways, local amenities, and the charm of coastal Rhode Island, this property offers exceptional potential across a variety of uses. Whether you envision a thoughtfully designed subdivision, a private single-family estate, or a boutique condominium development, the possibilities here are abundant. The property may also lend itself well to a place of worship, community gathering space, or an elegant event venue, making it a unique offering in today's market. Surrounded by established neighborhoods and just minutes from beaches, marinas, dining, and shopping, this location combines accessibility with the lifestyle appeal that makes Portsmouth so sought-after. Opportunities like this where flexibility, location, and potential intersect are increasingly rare.

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-12T12:37:41.523.
www.lavonnelopes.com/homes/174207711
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81 Sprague Street Portsmouth, RI 02871

  • Price: $1,395,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 44 min ago
  • MLS #: 1406628
0
Beds
0
Baths
0
½ Baths
2.95
Acres
7,200
SQFT
$194
$/SQFT
1975
Built
County:
Newport
Area:
Portsmouth
Property Description
Located in a highly desirable area of Portsmouth, 81 Sprague Street presents a rare and versatile opportunity for developers, investors, or end-users looking to create something special. The current building offers 7200 square ft over 3 levels situated on a 2.95 acre lot. Set in a prime location with convenient access to major roadways, local amenities, and the charm of coastal Rhode Island, this property offers exceptional potential across a variety of uses. Whether you envision a thoughtfully designed subdivision, a private single-family estate, or a boutique condominium development, the possibilities here are abundant. The property may also lend itself well to a place of worship, community gathering space, or an elegant event venue, making it a unique offering in today's market. Surrounded by established neighborhoods and just minutes from beaches, marinas, dining, and shopping, this location combines accessibility with the lifestyle appeal that makes Portsmouth so sought-after. Opportunities like this where flexibility, location, and potential intersect are increasingly rare.
Exterior Features

Construction Materials Frame Masonry Levels Three Or More Parking Total 40

Interior Features

Basement Full Basement YN Yes Building Features Public Restrooms Cooling Central Air Ductless Cooling YN Yes Heating Central Ductless Heating YN Yes

Property Features

Business Type Commercial Hospitality Mixed Professional / Office Recreation Residential Retail Florist / Nursery Community Features Golf Highway Access Near Schools Public Transportation Recreation Area Restaurant Shopping Street Lights Electric Circuit Breakers Human Modified YN No Land Lease YN No New Construction YN No Possible Use Agricultural Commercial Development Investment Mini Storage Mixed Use Nursery Office Place of Worship Residential Recreational Subdivision Single Family Warehouse Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Asphalt Paved Security Features Carbon Monoxide Detector(s) Fire Alarm Smoke Detector(s) Security Lights Sewer Septic Tank Tax Annual Amount 9061.94 Tax Assessed Value 800600 Tax Lot 27 Tax Year 2024 Utilities Electricity Available Municipal Utilities Phone Available Water Connected Water Source Connected Public Zoning R20

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Serhant Rhode Island: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-12T12:37:41.523.
 
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The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886