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    OFF-MARKET
    Commercial real estate

    597 County Rt. 2 Trl, Exeter, RI 02822

    1,650 SF 2.17 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,650 square foot commercial condominium is situated in the desirable South Trail Commerce Center on Route 2 in Exeter, Rhode Island. Boasting a prime location within Eastern Exeter's Business District, this brand-new unit offers a unique blend of functionality and modern upgrades. The space features a convenient overhead door, perfect for various uses, alongside a thoughtfully designed office loft area. Custom modifications enhance the property's appeal, including upgraded flooring, improved restrooms, a central air conditioning system, and upgraded lighting and electrical systems. A notable feature is the inclusion of an RV pump-out system within the unit itself. This makes the property exceptionally well-suited for use as a high-end personal storage garage, catering to the needs of those storing automobiles, RVs, boats, or other valuable personal assets. The property sits on a 2.17-acre lot and is available for immediate occupancy. For businesses requiring more space, the adjoining unit is also available for purchase. The monthly condo association fee is $200. This versatile property presents a rare opportunity to acquire a modern, well-equipped commercial space in a highly convenient location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2024
    Total area 1,650 SF
    Lot 2.17 ac (94,525 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Permitted uses
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