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Caitlin Pannone

Engel & Völkers

caitlin.pannone@engelvoelkers.com +1(401) 258-3331

$ 1,250,000

Est. payment -/mo

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241 Cornell RD Tiverton, RI 02878

16,632 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 16,632 sqft

Price per Sqft $75

Subdivision South Tiverton

MLS Listing ID 1415638

HOA Y/N No

Abv Grd Liv Area 16,632

Year Built 1900

Annual Tax Amount $4,899

Tax Year 2024

Lot Size 15.980 Acres

Acres 15.98

Property Sub-Type Commercial

Property Description

Opportunity to acquire a complete working farm and food business on 15.98 acres in Tiverton, Rhode Island. Not raw land or a hobby farm; an established, revenue-generating food system with a recognized brand, built over twelve years and conveying as one package: real estate, business, equipment, livestock, brand, customers, and a leased retail market. The buyer steps in mid-stride: customers, recipes, wholesale accounts, and reputation included, not a farm started from scratch. What Conveys Real estate: 15.98 acres in Tiverton's R-120 district, frontage on Cornell Road, woods, pasture, and water. A 1900 farmhouse (3 bd / 2 ba, 1,632 sq ft). Business: four revenue channels, a food truck across the South Coast (catering included), wholesale accounts with regional chefs, a retail farm market on Main Road (3-year lease), and farmers markets, plus the prepared foods including fried chicken. Infrastructure: two greenhouses (a 30 100 housing poultry; a 60 200 steel frame, six-figure replacement cost, ready to re-cover), an on-site processing unit on the USDA-certification path, a 32-panel solar array (2021), irrigation, two wells, feed systems, and separate caretaker quarters with a resident farm hand. Brand and goodwill: twelve years of reputation, regional press, recurring customers, and wholesale accounts that transfer with the sale. Livestock, equipment, and inventory: itemized and inventoried at closing. Seller financing available to a qualified buyer.

Location

State RI

County Newport

Community South Tiverton

Zoning R-120

Rooms

Basement Full

Interior

Heating Baseboard, Hot Water

Cooling 1 Unit

Inclusions Two greenhouses: 60x200 steel frame (re-cover ready, six-figure replacement cost) and 30x100 poultry hoop with concrete floor. On-site mobile processing unit on RI state-to-USDA inspection pathway. 32-panel ground-mount solar (2021). Two feed silos (18-ton, 4.5-ton). Two 24x48 Chick-inn mobile coops. Farm-wide irrigation, two wells, feed systems. Caretaker quarters with resident farm hand. Livestock, vehicles, tools, and inventory itemized at closing (~$160k owner-tagged). Brand, recipes, menus, domains, ~9, 000-customer Square list, and wholesale accounts convey. Full schedule and financials available under NDA.

Furnishings Unfurnished

Laundry Common Area

Exterior

Fence Fenced

Community Features Near Schools, Pool, Restaurant, Shopping, Tennis Court(s)

Utilities Available Electricity Available, Natural Gas Not Available, Other, Underground Utilities

Street Surface Asphalt,Gravel,Paved

Total Parking Spaces 6

Garage Yes

Building

Lot Description Wooded

Story 2

Foundation Combination, Concrete Perimeter

Sewer Septic Tank

Water Well

Level or Stories 2

Structure Type Frame,Other,Steel

New Construction No

Others

Tax ID 241CORNELLRDTIVR

Acceptable Financing Owner May Carry Second

Listing Terms Owner May Carry Second

Virtual Tour https://241cornell.farm

Listed by HomeSmart First Class Realty

Caitlin Pannone

Advisor

+1(401) 258-3331

Caitlin Pannone

241 Cornell RD Tiverton, RI 02878

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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241 Cornell RD