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6-Unit Mixed-Use Property
For Sale
$1,099,000

2220 Diamond Hill Road, Cumberland, RI 02864

Commercial/Business,Commercial Sale, Cumberland, RI

Property SizeContact for details
Lot Size1.13 Acres
Days on Market314

Property Features for 2220 Diamond Hill Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Rooms Basement
Parking 14
Interior features Ceiling Height (7 to 9 Ft)
Basement Partial
Subdivision Chapel Four Courners
Lot features Paved, Sidewalks, Free Standing, Suburban
Standard status Active
Lot size 1.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8489

Utilities

Heating system Baseboard, Natural Gas, Zoned
Cooling system Window Unit(s)
Water source Public

Amenities

on-site laundry

Building Details

Year built 1950
Floors in Building 3
Number of units 6
Building materials Frame
Listing Agency: Re/Max Town & Country · RE/MAX International
Listed By: The Hometown Experts Team
Added: Oct 15, 2025 Changed: Aug 19 Last Checked: Aug 24 at 12:06PM
MLS# 1397637

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property contains six units within a frame building constructed in 1950: two commercial spaces and four apartments distributed across the first and second levels. The property also includes a basement with laundry equipment, an attached two-stall garage, window-unit cooling, and zoned natural-gas baseboard heat. One high-efficiency direct-vent boiler serves six heating zones. Five units have separate electric service, supplemented by a house meter. The owner pays for heat, hot water, water, and sewer. A fire alarm system is installed, and the roof was replaced in August 2026.

The sale includes a 1.13-acre vacant lot, with parking for 14 Plus Vehicles. Public water serves the property, which is located at 2220 Diamond Hill Road in Cumberland, Rhode Island, between Chapel Four Corners and I295. The adjacent four-unit property on a 1/4-acre lot is also available for purchase under MLS #1389030.

Key Highlights

  • Six‑unit layout with 2 commercial units and 4 residential apartments
  • Sale includes a 1.13‑acre vacant lot
  • Attached two‑stall garage and parking for 14 Plus Vehicles

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Hair Salon Dental Office Law Firm HVAC Service Auto Repair Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby

Demographics for 02864, RI

36,376
Population
14,735
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
92%
High-School Grad
26.5 sq mi
ZIP Area
1,373
Density / Sq Mi
$118,737
Median Household Income
$62,041
Median Earnings
$1,251
Median Rent
$394,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-1-zoned building combines commercial and residential occupancy with an attached two-stall garage and separate vacant land.
Where is this mixed-use property located?
The property is located at 2220 Diamond Hill Road Cumberland, RI.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Six‑unit layout with 2 commercial units and 4 residential apartments; Sale includes a 1.13‑acre vacant lot; Attached two‑stall garage and parking for 14 Plus Vehicles
More about this property
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