NE Provenance

402 Park Ave

Portsmouth, RI 02871

Commercial
Owner
Awa...
Owner Type
Corporation
Tenure
1 yr
Assessed
$95,900
Built
1938
Sq Ft
2,012
Lot
0.12 ac
Bed/Bath
—
Type
Commercial
Elevated Risks18ConditionC2Fire GradeDPermits2Last PermitOct 2025FloodVESurgeCat 2

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402 Park Ave, Portsmouth, RI 02871— Property Report

Building& Property Details

402 Park Ave is a Restaurant commercial built in 1938 located in Portsmouth, Newport County, RI. The building has 2,012 square feet of building area on a 0.12-acre lot.

Flood Zone & Natural Hazard Assessment

402 Park Ave is in FEMA flood zone VE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The property falls within a Category 2 hurricane storm surge inundation zone based on NOAA SLOSH modeling. The FEMA National Risk Index composite rating for this area is Very Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 30 psf. The EPA radon zone is 2.

Fire Protection

NE Provenance rates the fire protection for 402 Park Ave at Grade D (Limited fire protection access). The nearest fire station, 2300 E MAIN RD, is 2.4 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade D or E may face higher insurance premiums due to limited fire protection resources.

Building Permits & Property History

Municipal records show 2 building permits on file for 402 Park Ave. The most recent permit was filed October 31, 2025. In the past five years, 2 permits have been issued. The current municipal assessment is $95,900, with $91,200 attributed to land and $4,700 to improvements. The property last sold on August 15, 2024 for $325,000.

Environmental & Land Use

402 Park Ave is classified as a waterfront property.

PortsmouthNeighborhood & Community

402 Park Ave is located in Portsmouth, Newport County, RI. The property is zoned R-10 (Residential). The median home value in this census tract is $442,600. Median household income is $85,768. The owner-occupancy rate in the surrounding area is 81%. The property is served by the Portsmouth school district.

Full Property Intelligence Report

The complete NE Provenance report for 402 Park Ave, Portsmouth, RI includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.