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511 Broad St Cumberland, RI 02864

Sponsored
For Sale
$495,000

Mixed-use building, high visibility, great potential.

Property size:
1,225 SF

Description

Added:
Feb 3, 2025
Days on Market:
339
This exceptional mixed-use property, located at 511 Broad Street in Cumberland, Rhode Island, presents a compelling investment opportunity. The building, situated on a prominent corner lot at the intersection of Broad and Cumberland Streets, boasts high visibility due to its strategic location within a rapidly developing residential area. The 1,225 square foot building sits on a 0.32-acre lot encompassing four parcels totaling 13,613 square feet. The property's current configuration includes one retail space and one apartment, both currently occupied by month-to-month tenants. This provides immediate income potential with the flexibility to adapt the space to future needs. The building is conveniently connected to both gas and sewer lines, ensuring efficient utility access. Given its prime location and the ongoing residential growth in the surrounding area, this property offers significant upside potential for investors seeking a strong return on investment. The high visibility and versatile layout make it ideal for a variety of commercial uses. Serious inquiries only. Prior scheduling is required before any property visits or tenant contact.

Property Features for 511 Broad St

General Information

Property type
Other commercial real estate
Square Feet
1,225 SF
Lot Size
13,939 SF

Building Details

Year Built
1950

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Cumberland
County
Providence
State
Rhode Island
Longitude
-71.39742
Latitude
41.91393

FAQs

What type of property is this?
Commercial real estate - Mixed-use building, high visibility, great potential.
Where is this commercial real estate located?
The property is located at 511 Broad St Cumberland, RI.
What is the asking price?
The asking price for this property is $495,000.
More about this property
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