199 Putnam Pike Chepachet, RI 02814
This exceptional redevelopment opportunity presents a unique chance to acquire a substantial mixed-use property situated at 199 Putnam Pike in Glocester, Rhode Island, zip code 02814. The property boasts a 21,385 square foot lot and features a three-story building constructed in 1900. The building, currently vacant, previously operated as an antique shop with a sizable two-level apartment above. Its strategic location on Route 44 in the Harmony area offers high visibility and convenient access. The property's proximity to the Harmony Library and Cooper Hill Office Complex, and its diagonal positioning across from the Harmony Fire Station, ensures a high-traffic location. A recent survey, soil report, and test hole location documentation are readily available for review. This property is being offered at $379,000 and is ideal for a variety of redevelopment projects. The sale is strictly cash or private financing only. Prospective buyers are responsible for conducting their own due diligence. The property is sold "as is." This is a rare opportunity to acquire a significant piece of real estate in a desirable location with considerable potential for future development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
20 · Chepachet, RICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.