32 Main Rd Tiverton, RI 02878

This exceptional commercial investment opportunity in Tiverton, Rhode Island, presents a rare chance to acquire a 0.45-acre lot encompassing three income-generating buildings totaling 11,841 square feet. The main property, located at 28-32 Main Road, is a mixed-use building featuring four residential units (4,270 sq ft) and two retail storefronts (1,522 sq ft). The second building, situated at 36 Main Road, boasts a large, adaptable storefront unit (2,748 sq ft) with potential for division into two separate units. This building also includes a substantial storage room, bathroom, and two spacious garage units (2,457 sq ft). Finally, 27 Rock Street comprises a building with three garage units and a sizable office loft area above, each floor offering 1,118 square feet. In total, this portfolio offers thirteen rentable units currently generating $98,280 in annual gross income, with significant potential for increased revenue through market-rate rent adjustments. This property presents a compelling investment opportunity with substantial upside potential due to the below-market rents currently in place. The location on Main Road in Tiverton offers excellent visibility and accessibility. This is a turnkey investment ready for immediate income generation and future growth. The property is priced at $1,400,000.