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Mixed-Use Property with 2-Unit Residence
New
For Sale
$524,900

3862 Mendon, Cumberland, RI 02864

A freestanding commercial space and two-unit home share one parcel with municipal water, sewer, and natural gas.

Property Size800 SF
Price / SF$656.13
Days on Market3

Property Features for 3862 Mendon

General Information

Standard status Active
Size 800 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Annual Taxes $6,232

Building Details

Year Built 1935
Buildings 2
Listing Agency: KELLER WILLIAMS LEADING EDGE
Listed By: DENALI GROUP · License #52040
Source: Corcoran
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 25 at 2:34AM

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 KELLER WILLIAMS LEADING EDGE

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Investment Insights

Based on property information with market context.

The property combines an 800-square-foot freestanding commercial building with a two-unit residential home on a single parcel. Both buildings are included in the sale. Municipal services to the property include town water, town sewer, and natural gas.

The property fronts Mendon Road in Cumberland, Rhode Island. The commercial building is positioned along the road, and the property offers access to major highways and surrounding amenities.

Key Highlights

  • 800‑square‑foot freestanding commercial building
  • Two‑unit residential home on the same parcel
  • Town water, town sewer, and natural gas

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Kitchen & Bath Showroom Big Box & Wholesale Store Skin Care Clinic

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

175
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A freestanding commercial space and two-unit home share one parcel with municipal water, sewer, and natural gas.
Where is this mixed-use property located?
The property is located at 3862 Mendon Cumberland, RI.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: 800‑square‑foot freestanding commercial building; Two‑unit residential home on the same parcel; Town water, town sewer, and natural gas
More about this property
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