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32 Main Rd Tiverton, RI 2878

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Three buildings with 13 rentable units, offering income potential.

Type:Retail, Multifamily, Mixed Use, Self Storage
Property size:
11,841 SF
Added:
Jan 24, 2024
Days on Market:
813
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 32 Main Rd

General Information

Standard status
Active
Size
11,841 SF
Property subtype
Retail, Multifamily, Mixed Use, Self Storage

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Listing Contact
Cesar Patricio

Listing agent Cesar Patricio License #RI RES.0043505

Listing office Castle Keep Realty

Listing date Jan 24, 2024

Source Crexi

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 Castle Keep Realty


Overview

Mixed-Use Property with Income Potential

This property presents a unique opportunity to own a single lot improved with three income-generating buildings. The first building, located at 28-32 Main Rd, is a mixed-use structure featuring four residential units totaling 4,270 square feet and two retail storefront units totaling 1,522 square feet. The second building, at 36 Main Rd, contains one large storefront unit of 2,748 square feet, which could potentially be divided into two separate units. This unit includes a storage room and a bathroom at the rear. Behind the storefront section of this building are two garage units offering 2,457 square feet. The third building, situated at 27 Rock St, comprises three garage units and an office loft area above. Each floor of the 27 Rock St building provides 1,118 square feet. In total, the property includes 13 rentable units, currently grossing $98,280 annually with rents that are below market value. The property size is 11,841 square feet.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Tiverton
County
Newport
State
Rhode Island
Longitude
-71.1844823
Latitude
41.6721964

FAQs

What type of property is this?
Mixed-use property - Three buildings with 13 rentable units, offering income potential.
Where is this mixed-use property located?
The property is located at 32 Main Rd Tiverton, RI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three income‑generating buildings on one lot.; Thirteen rentable units provide diverse income streams.; Gross annual income of $98,280 with below‑market rents offers revenue growth potential.
More about this property
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