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    FOR LEASE
    Investment properties

    286 Maple Ave, Barrington, RI 02806

    6,055 SF 0.91 ac lot Built 1957
    Individually Owned 34-yr Hold Free & Clear
    Property ID
    US76-0306757
    Property summary
    AI-generated overview

    This exceptional commercial property at 286 Maple Avenue, Barrington, Rhode Island, presents a significant opportunity for businesses seeking a substantial and versatile workspace. Located within the vibrant Maple Avenue Plaza, this 47,044 square foot lot houses a single, well-maintained building constructed in 1974. The property offers a massive 5,000 square feet of usable space, ideally suited for a variety of office configurations. The layout includes numerous private offices, a dedicated reception area, and multiple conference rooms, providing ample space for both individual work and collaborative efforts. The property's significant advantage lies in its abundant parking, ensuring convenient access for employees and clients alike. This is a triple net lease opportunity, meaning the tenant is responsible for property taxes, insurance, and maintenance, offering predictable and transparent operating costs. The monthly rent is $4,000. The property's zoning allows for a range of uses including traditional office, storefront, shopping center, medical office, and specialty services. This prime location in Barrington, RI (zip code 02806) offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in a thriving community. The property's size and versatile layout make it suitable for a wide range of businesses. This is a rare opportunity to secure a substantial and well-appointed office space in a highly desirable location.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1957
    Construction FRAME
    Total area 6,055 SF
    Lot 0.91 ac (39,701 SF)
    Zoning code NB
    APN BARR M:22 L:678
    UPID US76-0306757
    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
    • cardioglow®️ Gym & Fitness Center
    • H.I.T Health & Fitness Gym & Fitness Center
    • Medical Associates of Ri Physician
    • Reuter Richard a DPM Physician
    • Kindred Roots Holistic Healing Center Gym & Fitness Center Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $786k
    Blend (final) Blend
    $780k
    Owner & transaction history
    Ralph J Accinno · 34 yrs held
    Ralph J Accinno
    since 1991
    1 recorded transaction
    1991
    $125,000
    Zoning & alternative use
    NB · Barrington, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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