Pending
Under Agreement
2352 Mendon Road
Cumberland RI, 02864
$2,260,000
$107.62 per sqft
Pending
Under Agreement
21,000 sqft
Commercial
Built in 1950
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.
73267022
MLSⓇ ID
July 19, 2024
Listed
September 4, 2024
Updated
Map
2352 Mendon Road
Cumberland RI, 02864
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.61 Acres
Other Property Details
Taxes
$14,644
Tax Frequency
Annually
Garage
No
Parking Total
60
View
No
County
Providence
Pool
No
Zoning
C-1
Listing History
Date | Event | Price |
|---|---|---|
9/4/2024 | Pending | — |
Courtesy of Tim McGeary, Northeast Private Client Group, LLC
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Data last updated 1:28 PM UTC, 9/4/2024
