32 Main Road, Tiverton, Commercial

$ 1,400,000
32 Main Road,
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Overview

  • Updated On:
  • July 30, 2024

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.

Address: 32 Main Road
City:
State/County:
Zip: 02878
Country: United States
Open In Google Maps
Property Id : 210089
Price: $ 1,400,000
Property Lot Size: 0 ft2
Basement: None
Bridge Modification Timestamp: 2024-04-23T15:00:55.534Z
Building Area Total: 11841
Business Type: Accounting,Auto Rent/Lease,Auto Repair-Specialty,Barber/Beauty,Carpet/Tile,Child Care,Commercial,Construction/Contractor,Day Care Facility,Hardware,Landscaping,Mixed,Residential,Retail,Storage
Cap Rate: 5
Community Features: Bus,Commuter Bus,Golf,Highway Access,Interstate,Marina,Public School,Railroad,Recreational Facilities,Schools,Shopping,Pool,Tennis
Construction Materials: Brick,Frame
Contract Status Change Date: 2024-01-20
Door Features: Loading Door
Electric: Circuit Breakers
Furnished: Unfurnished
Gross Income: 98280
Insurance Expense: 7717.16
List Agent Email: Cesar@Castlekeeprealtynpt.com
List Agent Full Name: Cesar Duarte Patricio
Listing Contract Date: 2024-01-20
Listing Id: 1350691
Living Area Units: Square Feet
Lot Features: Free Standing
Lot Size Area: 19514.88
Lot Size Square Feet: 19514.88
Lot Size Units: Square Feet
Maintenance Expense: 0
Mls Status: Active
Modification Timestamp: 2024-04-23T14:58:42.443Z
Net Operating Income: 73719
Number Of Buildings: 3
Number of Units in Community: 13
Number of Units Total: 4
Original Entry Timestamp: 2024-01-20T22:06:48.340Z
Original List Price: 1400000
Owner Pays: Insurance,Taxes,Water
Parking Total: 10
Possible Use: Commercial,Mini-Storage,Mixed Use,Multi-Family,Office,Residential,Retail,Warehouse,Commercial
Road Surface Type: Blacktop
Security Features: Fire Alarm,Fire Escape,Smoke Detector(s)
Sewer: Public Connected
State or Province: RI
Status Change Timestamp: 2024-01-20T22:06:48.340Z
Street Name: Main
Street Number: 32
Street Suffix: Road
Structure Type: Apartment
Tax Annual Amount: 7898.72
Tax Year: 2022
Year Built: 1900
Year Established: 1900
Zoning: R30
Other Features
Property Attached
$ 5,428.08
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,428.08

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