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Investment Highlights

  • Prime mixed-use coastal property located directly across from Scarborough State Beach.

Executive Summary

Positioned directly across from Scarborough State Beach, this rare mixed-use coastal property delivers unreal visibility, constant foot traffic, and sweeping ocean views in one of Rhode Island’s most sought-after beach locations. The asset is built for multiple income streams, featuring two recently renovated, high-performing Airbnb units, a six-bedroom apartment, two on-site restaurant concepts, and two additional retail spaces. With its prime position across from one of the busiest beaches in the state, the property benefits from strong seasonal traffic while still maintaining year-round activity. Between the existing income, vacant commercial space, and clear upside through lease-up or repositioning, this is a compelling opportunity for an investor or operator looking to plant a flag in a high-traffic coastal market.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,459 SF
Building Class
C
Year Built/Renovated
1963/2020
Price
$5,995,000
Price Per SF
$523.17
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
B-A
Parking
40 Spaces (3.49 Spaces per 1,000 SF Leased)
Frontage
159’ on Angell Rd

Amenities

  • Bus Line
  • Pylon Sign
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
NARR-000198-000000-K000000
Land Assessment
$750,800
Improvements Assessment
$754,900
Total Assessment
$1,505,700
  • Listing ID: 39852842

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 1 Angell Rd, Narragansett, RI 02882

Contact the Sale Advisor

1 Angell Rd

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