$309,000

Located in the heart of Newport, two abutting mixed use properties being sold together at 29 Pearl Street and 00 Pearl Street (Railroad barn) offer a unique opportunity for investors, contractors or entrepreneurs. Previously occupied by a business with two residential apartments, 29 Pearl Street features flexible space with a workshop below and convenient drive-in garage access. 00 Pearl Street offers a historic Railroad Barn which was originally used for train maintenance of the Boston to Maine Railroad. Power, water/sewer and heat are currently turned off. Property is being sold as-is, in its current condition, including remaining contents. Buyers are encouraged to perform their own due diligence regarding future use and utility restoration. Also being sold with multiple parcels, please reference MLS 5088000. With this central location and versatile layout, this property presents strong potential for renovation, storage, workshop use, or redevelopment. Properties are priced at assessed value.