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    1165 High Street

    Cumberland, RI 02864
    • $321,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 1269428
    UPDATED: 21 min ago
    $321,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,650
      SQFT
    • $195
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1965
    County:
    Area:

    School Ratings & Info

    Description

    Investors - This property is located in a busy traffic area located on the corner of High Street (Rte 114) and Alan Avenue. Great bi-directional visibility going north or south and west from Marshall Ave. Currently occupied with a favorable triple net lease, extending into 2023 with a cap rate of 12. The building offers all the amenities for the successful operation of a restaurant, retail, or general office operations. Has parking for 10+ vehicles. Easy access to all major regional traffic arteries.

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    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-11-23T16:37:53.547.
    www.onshorerealtors.com/homes/111660354
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    1165 High Street Cumberland, RI 02864

    • Price: $321,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 1269428
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1,650
    SQFT
    $195
    $/SQFT
    1965
    Built
    Neighborhood:
    South Cumberland
    County:
    Providence
    Area:
    Cumberland
    Property Description
    Investors - This property is located in a busy traffic area located on the corner of High Street (Rte 114) and Alan Avenue. Great bi-directional visibility going north or south and west from Marshall Ave. Currently occupied with a favorable triple net lease, extending into 2023 with a cap rate of 12. The building offers all the amenities for the successful operation of a restaurant, retail, or general office operations. Has parking for 10+ vehicles. Easy access to all major regional traffic arteries.
    Exterior Features

    Construction Materials Masonry Foundation Details Concrete Perimeter Levels One Parking Total 10

    Interior Features

    Basement None Basement YN No Cooling Central Air Heating Gas

    Property Features

    Association Amenities Restaurant Association Fee 0 Business Type Food & Beverage Community Features Highway AccessNear SchoolsPublic TransportationRestaurantShoppingHigh Traffic Location Current Use Office Electric 200+ Amp Service Land Lease YN No Lease Considered YN Yes Operating Expense 0 Possible Use OfficeOtherRetail Property Sub Type Office Road Frontage Type City Street Security Features Fire AlarmFire Sprinkler System Sewer Public Sewer Tax Annual Amount 3540 Tax Assessed Value 247200 Tax Lot 0000 Tax Year 2019 Tenant Pays All Utilities Utilities Natural Gas Connected

    Listing information © 2020 State-Wide Multiple Listing Service.
    Listing provided courtesy of Re/Max Premier Properties.





    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-11-23T16:37:53.547.
     
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    Onshore Realtors
    57 Shore Rd, Suite B
    Westerly RI, 02891