Multi-Building Strip
For Sale
$2,200,000
120 Knowlesway Ext, Narragansett, RI 02882
Multi-unit strip plaza with two buildings, ample onsite parking, and municipal water and sewer service.
Property Size1 SF
Lot Size1.34 Acres
Price / SF$2,200,000
Days on Market329
Property Features for 120 Knowlesway Ext
General Information
Standard status
Active
Size
1 SF
Lot size
1.34 Acres
Zoning
B-A
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1976
Tenancy
Multi
Listing Agency:
eXp Commercial LLC
Listed By:
Sam Griffin, CCIM, CBI, NACREP · License #207824
(502) 640-3622
Source:
Expcommercial
Added: Oct 13, 2025
Changed: Sep 5
Last Checked: Sep 5 at 3:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial LLC
Investment Insights
Based on property information with market context.
This multi-unit strip plaza comprises two separate buildings. Building 1 totals 3,600 SF plus an additional 1,800 SF unfinished basement, and Building 2 totals 6,240 SF. The property was built in 1976 and is supported by municipal water and sewer, along with electric and gas utilities.
Located in Narragansett, the plaza is described as minutes from Narragansett Beach, Scarborough Beach, Galilee, and Point Judith, with access to the Block Island Ferry area. The offering also notes established visibility and an active high-traffic corridor with signage visibility.
The site includes ample onsite parking for customers and tenants and is positioned for continued income use or potential redevelopment and expansion, depending on an owner’s plans.
Located in Narragansett, the plaza is described as minutes from Narragansett Beach, Scarborough Beach, Galilee, and Point Judith, with access to the Block Island Ferry area. The offering also notes established visibility and an active high-traffic corridor with signage visibility.
The site includes ample onsite parking for customers and tenants and is positioned for continued income use or potential redevelopment and expansion, depending on an owner’s plans.
Key Highlights
- Two‑building strip plaza on 1.34‑acre lot, built in 1976
- Building 1 offers 3,600 SF plus 1,800 SF unfinished basement
- Building 2 includes 6,240 SF of commercial space
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
11,901 visits/mo
0.1 miles
Demographics for 02882, RI
12,919
Population
8,870
Households
1.5
Avg Household Size
52
Median Age
64%
College-Educated
98%
High-School Grad
12.8 sq mi
ZIP Area
1,009
Density / Sq Mi
$95,794
Median Household Income
$44,042
Median Earnings
$1,661
Median Rent
$686,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Multi-unit strip plaza with two buildings, ample onsite parking, and municipal water and sewer service.
Where is this strip mall located?
The property is located at 120 Knowlesway Ext Narragansett, RI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Two‑building strip plaza on 1.34‑acre lot, built in 1976; Building 1 offers 3,600 SF plus 1,800 SF unfinished basement; Building 2 includes 6,240 SF of commercial space
