Mixed-Use Property with Income
For Sale
$1,100,000
32 Main Road, Tiverton, RI 02878
Three buildings with 13 rentable units, below-market rents.
Property Size11,841 SF
Price / SF$90.66
Days on Market325
Property Features for 32 Main Road
General Information
Standard status
Active
Size
11,841 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
R30
Taxes and HOA fees
Annual Taxes
$7,898
Building Details
Building Size
11,841 SF
Year Built
1900
Buildings
3
Units
4
Listing Agency:
Castle Keep Realty Corp.
(401) 301-1123
Listed By:
Cesar Duarte Patricio
(401) 301-1123
Source:
Liongatere
Added: Oct 3, 2025
Changed: Aug 8
Last Checked: Aug 22 at 12:54PM
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 Corp.
Investment Insights
Based on property information with market context.
This property features three income-generating buildings. The first building, located at 28-32 Main Rd, is a mixed-use structure comprising 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 a 2,748-square-foot storefront unit that could be divided into two units, along with a storage room and bathroom. Behind the storefront are two garage units offering 2,457 square feet. The third building, at 27 Rock St, includes three garage units and an office loft area above. Each floor of the 27 Rock St building provides 1,118 square feet. In total, there are 13 rentable units, generating a gross annual income of $98,280 with below-market rents.
Key Highlights
- Three income‑generating buildings on one lot.
- Thirteen rentable units provide diverse income streams.
- Gross annual income of $98,280 with potential for increase.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
Explore this area
Business Placement
Demographics for 02878, RI
16,359
Population
7,747
Households
2.1
Avg Household Size
50
Median Age
40%
College-Educated
93%
High-School Grad
29.1 sq mi
ZIP Area
562
Density / Sq Mi
$99,542
Median Household Income
$49,228
Median Earnings
$1,228
Median Rent
$367,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three buildings with 13 rentable units, below-market rents.
Where is this mixed-use property located?
The property is located at 32 Main Road Tiverton, RI.
What is the asking price?
The asking price for this property is $1,100,000.
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 potential for increase.
