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417 Broad St Cumberland, RI 02864

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For Sale
$599,999

Prime Multi-Building Investment Opportunity in RI

Property size:
3,250 SF

Property Features for 417 Broad St

General Information

Property type
Other commercial real estate
Square Feet
3,250 SF
Lot Size
6,970 SF

Building Details

Year Built
1940

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Listing Contact
Megan Poliquin

Listing Agency: Media Realty Llc Listing Agent: Megan Poliquin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional Cumberland, RI investment property presents a rare opportunity to acquire a meticulously maintained multi-unit complex spanning 3,250 square feet on a 0.16-acre lot. The property comprises two buildings, both recently renovated with new interiors. The front building is a three-unit structure. The ground floor offers versatile commercial space, ideal for a variety of businesses. Above, the second and third floors each feature a two-bedroom, one-bathroom apartment, each with a bonus room on the second floor. The rear building is a charming three-bedroom, one-and-a-half-bathroom single-family residence. Both buildings benefit from recently replaced roofs (less than five years old), ensuring long-term cost savings. A shared water supply services both structures. This property is being offered as a package deal, presenting a unique opportunity for investors seeking a diversified portfolio or a savvy owner-occupant seeking rental income. The asking price for this turnkey investment is $599,999. This is an exceptional opportunity to acquire a high-yield property in a desirable location. The property's recent renovations and strong rental potential make it an attractive investment for both seasoned investors and those new to the market. Don't miss this chance to secure a valuable asset in the thriving Cumberland real estate market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cumberland
County
Providence
State
Rhode Island
Longitude
-71.39528
Latitude
41.91111

FAQs

What type of property is this?
Commercial real estate - Prime Multi-Building Investment Opportunity in RI
Where is this commercial real estate located?
The property is located at 417 Broad St Cumberland, RI.
What is the asking price?
The asking price for this property is $599,999.
More about this property
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