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OFF-MARKET
Retail properties & Spaces

550 Main Rd Tiverton, RI 02878

Built 1965
Property ID
Property summary
AI-generated overview

This exceptional storefront property at 550 Main Road, Tiverton, Rhode Island, 02878 presents a unique investment opportunity. The building, constructed in 1965, boasts a two-story structure encompassing a single unit totaling 37,462 square feet of land. The property is zoned for both office and retail use, making it ideal for a variety of businesses. The asking price is $750 per month. This versatile space is perfect for a range of uses, from individual offices to larger retail operations. The location offers unparalleled convenience, with ample parking and easy access to Routes 24 and 195, placing it within minutes of both Newport and Providence. The property's prime location ensures high visibility and accessibility for customers and employees alike. A significant advantage is the inclusion of electricity in the lease, reducing operational costs for the tenant. This is a rare opportunity to secure a well-located, versatile commercial space in a thriving Rhode Island community. The property's size and zoning flexibility provide ample room for customization and expansion, catering to a wide range of business needs. Don't miss this chance to establish your business in a highly desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1965
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Omni Learning Training Multi Training Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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