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Property profile & analytics
OFF-MARKET Estimated value $360,000
Investment properties

260 Maple Ave Barrington, RI 02806-3406

0.54 ac lot
Entity Owned 9-yr Hold
Property ID
US76-0329898
Property summary
AI-generated overview

This exceptional Barrington, RI property at 260 Maple Avenue presents a unique investment opportunity. The offering encompasses two buildings situated on a substantial 23,450 square foot lot. Built in 1940, the main building offers a traditional office layout ideal for a variety of professional uses. The space includes approximately 600+ square feet of recently updated office space, complete with a convenient waiting room and a restroom. Heat is included in the asking price of $1,200. The property's classification includes Traditional Office, Commercial, School, and Executive Office designations, suggesting versatility for diverse business needs. Ample off-street parking is available, providing convenient access for clients and employees. The property's location in Barrington, Bristol County, Rhode Island (zip code 02806) offers easy access to local amenities and transportation routes. This single-unit property is a rare find, combining historic character with modern conveniences. The property's versatility and prime location make it an attractive option for businesses seeking a well-maintained and functional workspace. The property's land and building combination offers potential for future expansion or redevelopment. This is an excellent opportunity to acquire a well-located and adaptable commercial property in a desirable Rhode Island community.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.54 ac (23,714 SF)
Zoning code NB
APN BARR M:22 L:667
UPID US76-0329898
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
  • Student Resources Inc College
  • Dr. Iulia Circiumaru Grillo Physician
  • Iulia Grillo Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k
Owner & transaction history
Lulia&joey LLC · 9 yrs held
Lulia&joey LLC
since 2017
2 recorded transactions
2017
$383,800
1994
Price N/A
Zoning & alternative use
NB · Barrington, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Neighborhood Business District (NB). This district contains areas of the community in which business uses are permitted which are in character and scale with, and appropriate to, proximate residential uses. It is intended to provide areas for commercial and retail activities which do not generate the traffic, glare, noise or larger parking areas associated w…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 62.88 ac
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