10 Lambert Ave Cumberland, RI 02864

Property Details for 10 Lambert Ave

Year built

1940

Lot size

1.10 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property in Cumberland, Rhode Island presents a unique investment opportunity. The main asset is a substantial 10,271 square foot industrial warehouse building situated at 10 Lambert Avenue, conveniently located off Mendon Road with easy access to major transportation arteries including I-295, Route 146, and I-95. The warehouse boasts desirable features for various industrial uses, including approximately 15-20 foot clear ceiling heights, providing ample vertical space for storage or operations. Six overhead doors ensure efficient loading and unloading of goods. The electrical system has been recently updated, enhancing operational reliability and efficiency. Currently configured and leased as individual contractor units, this property offers immediate income potential. Adding to its value is an adjacent vacant 0.52-acre lot at 25 Beauregard Avenue, providing potential for expansion, future development, or additional parking. The combined 1.62 acres of land offers significant flexibility for a variety of commercial uses. This property represents a compelling investment opportunity due to its size, location, and existing income stream. The combination of warehouse space and additional land makes this a versatile and attractive asset.