10 Lambert Ave Cumberland, RI 02864
- Warehouses
- 10,271 SF
- 1.10 lot acres
Current Use by Public Records
- Warehouses
Property Details for 10 Lambert Ave
- Year built
- 1940
- Lot size
- 1.10 lot acres
- Property size
- 10,271 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 10,271-square-foot warehouse situated on a 1.1-acre lot in Cumberland, Rhode Island. The property, built in 1940, features a two-story building with six dock-high doors, and ceiling heights ranging from 15 to 20 feet. Currently configured as five separate contractor units, this versatile space offers significant potential for various uses. The building boasts a recently updated electrical system. The property's zoning is R1-Residential, though its current use is industrial. Conveniently located, it offers easy access to major roadways including I-295, Route 146, and I-95. Priced at $1,100,000 ($107.10/sq ft and $220,000/unit), this owner-user opportunity is ideal for businesses seeking a well-maintained warehouse with ample space and excellent accessibility. The property's strong location and existing infrastructure make it a compelling investment prospect. The building's size and layout provide flexibility for a variety of industrial or potentially adaptive reuse scenarios. This is a rare chance to acquire a substantial warehouse in a desirable Rhode Island location.
Value Estimation
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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
