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You are here:
Home Massachusetts Tiverton Commercial Properties for Sale

28-30-32 Main Road Tiverton, RI 02878

$1,400,000
Type: Mixed Use
Triple Net Lease (NNN)
SQFT: N/A
9 Restroom
Parking: N/A
28-30-32 Main Road
Tiverton, RI 02878

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.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Non-Conforming
  • MLS ID#: 73233638

Financial

  • Gross Annual Expenses: 24561
  • Gross Annual Income: 98280
  • Net Operating Income: 73719
  • Lease Type: Triple Net Lease (NNN)

Construction & Utilities

  • Utilities: Public Sewer, Public Water

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Map & Resources

Seller's Representative: Cesar Patricio, Castle Keep Realty Corp.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-05-10 03:05:00