$2,260,000
2352 Mendon Road Cumberland, RI 02864
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,260,000
Est. payment /mo
21,000 SqFt
UPDATED:
09/27/2024 07:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 21,000 sqft
Price per Sqft $107
MLS Listing ID 73267022
HOA Y/N false
Year Built 1950
Annual Tax Amount $14,644
Tax Year 2023
Lot Size 2.610 Acres
Acres 2.61
Property Description
The Mendon Road Mixed-Use is a 21,000 +/- SF Mixed-use property comprised of residential, retail & office units. Tenants are responsible for their utilities, Adelines Restaurant reimburses 80% of the water & sewer bill. There is ample off-street parking and additional income from roof solar. Located on Route 122 the property boasts a high traffic count with numerous shops & restaurants in close proximity. The left side of the lot there was a previously approved (currently expired) 7,000 +/- SF retail property to be constructed on-site for value-add. The parcel is zoned C-1. The Mendon Road Mixed-use provides an investor the unique opportunity to acquire a high cash-flowing, well-maintained asset with a variety of tenant types on a main road with numerous amenities. Current owners have made numerous capital investments over the years, including roof, parking lot, siding, residential units, etc. For the offering memo and more information please reach out directly.
Location
State RI
County Providence
Zoning C-1
Direction Located on Route 22 .8 miles from 295
Exterior
Utilities Available Public Water, Public Sewer
Waterfront false
Total Parking Spaces 60
Others
Senior Community false
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Listed by Northeast Private Client Group, LLC
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