2352 Mendon Road Active

Cumberland,RI 02864

$ 2260000

- Bed

- Bath

21000 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 21,000 sqft

Price per Sqft $107

MLS Listing ID 73267022

HOA Y/N false

Year Built 1950

Annual Tax Amount $14,644

Tax Year 2023

Lot Size 2.610 Acres

Acres 2.61

Property Description

The Mendon Road Mixed-Use is a 21,000 +/- SF Mixed-use property comprised of residential, retail & office units. Tenants are responsible for their utilities, Adelines Restaurant reimburses 80% of the water & sewer bill. There is ample off-street parking and additional income from roof solar. Located on Route 122 the property boasts a high traffic count with numerous shops & restaurants in close proximity. The left side of the lot there was a previously approved (currently expired) 7,000 +/- SF retail property to be constructed on-site for value-add. The parcel is zoned C-1. The Mendon Road Mixed-use provides an investor the unique opportunity to acquire a high cash-flowing, well-maintained asset with a variety of tenant types on a main road with numerous amenities. Current owners have made numerous capital investments over the years, including roof, parking lot, siding, residential units, etc. For the offering memo and more information please reach out directly.

Location

State RI

County Providence

Zoning C-1

Direction Located on Route 22 .8 miles from 295

Exterior

Utilities Available Public Water,Public Sewer

Waterfront false

Total Parking Spaces 60

Others

Senior Community false

View More
Favorite Go Tour