Current Use by Public Records
- Warehouses
Property Details for 10 Lambert Ave
- Year built
- 1940
- Property type
- Warehouses
- Property subtype
- Land
Description
This exceptional investment opportunity presents a prime industrial property located at 10 Lambert Avenue, Cumberland, Rhode Island. The property encompasses a substantial 43,560 square foot lot, featuring a 10,271 square foot warehouse building constructed in 1940. The warehouse boasts desirable features for industrial use, including ceiling heights of approximately 15-20 feet, providing ample vertical space for storage and operations. Six overhead doors ensure efficient loading and unloading capabilities. Furthermore, the property benefits from a recently updated electrical system, enhancing its functionality and reliability. Currently configured and leased as individual contractor units, this property offers immediate income potential. An additional benefit is the inclusion of a vacant 0.52-acre lot situated behind the main warehouse at 25 Beauregard Avenue. This expansive lot provides potential for future expansion or development. The property enjoys a strategic location with convenient access to major transportation arteries, including Routes I-295, 146, and I-95, facilitating seamless logistics and distribution. This property is ideal for investors seeking a well-located, income-producing industrial asset with significant upside potential. The asking price for this exceptional property is $1,100,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cumberland
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4445
- Latitude
- 41.9596
