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    405 Mendon Rd Cumberland, RI 02864

    Sponsored
    For Lease
    Contact for pricing

    6,222 SF Restaurant, High Traffic Area

    Lot size:
    6,222 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,222-square-foot Class A retail space, located at 405 Mendon Road in Cumberland, Rhode Island, presents a unique investment opportunity. Situated on a 1.05-acre lot (45,738 square feet), this single-tenant property boasts a highly desirable location at the corner of Mendon Road and Marshall Avenue. Mendon Road enjoys significant daily traffic volume and is conveniently situated along a public bus route, ensuring excellent accessibility. The property benefits from its proximity to residential communities such as Berkley Commons and River Run Condominiums, as well as nearby supermarkets, banks, and other restaurants, creating a strong customer base. Its strategic location offers easy access to major roadways, including Routes 295, 95, and 146, and is also near George Washington Highway and the Lincoln Mall, further enhancing its appeal and visibility. The property is zoned Commercial (C-1) within Providence County (Plat 16, Lot 17) and is currently vacant, providing immediate occupancy for a new tenant. The building's size and location make it ideal for a variety of restaurant or retail concepts. This is a rare opportunity to acquire a well-positioned, high-traffic commercial property in a thriving Rhode Island community. The property's size, location, and zoning provide significant potential for a successful business venture.

    Property Features for 405 Mendon Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,222 SF
    Class
    A

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,222 SF

    HighLights

    • 6,222 SF Class A retail space on a 1.05‑acre corner lot in Cumberland, RI.
    • High‑traffic location at Mendon Rd & Marshall Ave, signalized intersection.
    • Restaurant facility; FF&E included in sale price.
    • Proximity to major roadways (Routes 295, 95, 146), Lincoln Mall, and MA/RI border.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4073344
    Latitude
    41.9198959

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    FAQs

    What type of property is this?
    Restaurant - 6,222 SF Restaurant, High Traffic Area
    Where is this restaurant located?
    The property is located at 405 Mendon Rd Cumberland, RI.
    What are key features of this property?
    This property features: 6,222 SF Class A retail space on a 1.05-acre corner lot in Cumberland, RI.; High-traffic location at Mendon Rd & Marshall Ave, signalized intersection.; Restaurant facility; FF&E included in sale price.
    Request Owner's contact information
    405 Mendon Rd Cumberland, RI 02864
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    Cumberland, RI 02864
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 Mendon Rd Cumberland, RI 02864
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