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INVESTMENT HIGHLIGHTS
- Four store front units and two studio apartments.
- Great foot and car traffic
- Located across from the URI Emporium
EXECUTIVE SUMMARY
A rare investment opportunity located directly across from the bustling URI Emporium, offering exceptional visibility, steady foot traffic, and nonstop car flow. This well-maintained mixed-use property features four profitable storefront units and two studio apartments, all with leases currently in place—providing immediate, reliable income for the next owner.
One of the retail units is a fully operational restaurant, and the business conveys with the sale, making this a turnkey opportunity for an owner-operator or investor seeking additional revenue potential.
With its high-demand location, strong tenant mix, and built-in residential component, this property presents an outstanding chance to expand your commercial portfolio in one of the most active areas near the University of Rhode Island.
Perfect for investors seeking stability, visibility, and long-term growth.
One of the retail units is a fully operational restaurant, and the business conveys with the sale, making this a turnkey opportunity for an owner-operator or investor seeking additional revenue potential.
With its high-demand location, strong tenant mix, and built-in residential component, this property presents an outstanding chance to expand your commercial portfolio in one of the most active areas near the University of Rhode Island.
Perfect for investors seeking stability, visibility, and long-term growth.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,590 SF
Building Class
C
Year Built
1982
Price
$2,900,000
Price Per SF
$337.60
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.14
Lot Size
1.36 AC
Opportunity Zone
Yes
Zoning
CN
AMENITIES
- Restaurant
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | SKIN-002302-000000-000016-000001 | Improvements Assessment | $1,240,700 |
| Land Assessment | $0 | Total Assessment | $1,240,700 |
PROPERTY TAXES
Parcel Number
SKIN-002302-000000-000016-000001
Land Assessment
$0
Improvements Assessment
$1,240,700
Total Assessment
$1,240,700
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