511 Broad St - Storefront Retail/Residential FOR SALE


Cumberland, RI 02864
$495,000 USD
401-447-6062
511 Broad St, Cumberland, RI for Sale
$495,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

511 Broad St
Cumberland, RI 02864


OVERVIEW

Mixed use building situated on the corner of Broad and Cumberland Street. The entire property is comprised of 4 parcels totaling 13,613sf with one retail space and one apartment. Tenants are month to month. This is a high visibility corner surrounded by new residential development. Connected to gas and sewer. NOTE: Do not walk the property or contact tenants without first scheduling with Broker. Assessed value: $242,100. Real Estate Taxes: $2,813.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C-1

APN/PARCEL ID

CUMB-000007-000129-000000,CUMB-000007-000282-000000,CUMB-000007-000436-000000,CUMB-000007-000437-000000

ASK ABOUT THIS PROPERTY

Jim ConwayConway Commercial GroupMore Info
401-447-6062

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Jim ConwayConway Commercial GroupMore Info
401-447-6062

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.