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28-30-32 Main Road

Tiverton, RI 02878
  • $1,400,000
  • STATUS: Active
  • MLS #: 73233638
UPDATED: 35 min ago
$1,400,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Listing courtesy of Cesar Patricio of Castle Keep Realty Corp..

Description

Rare opportunity to own one lot with three income-generating buildings! The first is a mixed-used building 28-32 Main Rd which has four residential units totaling 4,270 sq ft and two retail storefront units totaling 1,522 sq ft. The second building is 36 Main Rd which has one large storefront unit containing 2,748 sq ft that could be split into two units. This includes a spacious storage room and bathroom in the back. Behind the storefront section of the building are two spacious garage units which offers 2,457 sq ft. Finally there is 27 Rock St which has three garage units and a spacious office loft area above. Each floor of 27 Rock St offers 1,118 sq ft. In total there are 13 rentable units grossing $98,280 a year with below-market rents. This is an opportunity you do not want to miss. Call today to schedule your private showing.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-12-10T11:04:36.003.
www.welchmanrealestate.com/homes/150247820
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28-30-32 Main Road Tiverton, RI 02878

  • Price: $1,400,000
  • Status: Active
  • On Site: Days
  • Updated: 35 min ago
  • MLS #: 73233638
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1900
Built
County:
Newport
Property Description
Rare opportunity to own one lot with three income-generating buildings! The first is a mixed-used building 28-32 Main Rd which has four residential units totaling 4,270 sq ft and two retail storefront units totaling 1,522 sq ft. The second building is 36 Main Rd which has one large storefront unit containing 2,748 sq ft that could be split into two units. This includes a spacious storage room and bathroom in the back. Behind the storefront section of the building are two spacious garage units which offers 2,457 sq ft. Finally there is 27 Rock St which has three garage units and a spacious office loft area above. Each floor of 27 Rock St offers 1,118 sq ft. In total there are 13 rentable units grossing $98,280 a year with below-market rents. This is an opportunity you do not want to miss. Call today to schedule your private showing.
Exterior Features

Parking Total 12 Roof Asphalt/Composition Shingles Waterfront YN No

Property Features

Association YN No Existing Lease Type NNN Gross Income 98280 Home Warranty YN No Net Operating Income 73719 Operating Expense 24561 Senior Community YN No Tax Annual Amount 7899 Tax Year 2023 Utilities Public WaterPublic Sewer Zoning R30

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Cesar Patricio of Castle Keep Realty Corp.: 401-846-0386.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-12-10T11:04:36.003.
 
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Welchman Real Estate Group | Lila Delman Compass
29 Meetinghouse Lane
Little Compton RI, 02837
Listing courtesy of Cesar Patricio of Castle Keep Realty Corp..