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1182 High St
Cumberland, RI 02864
Retail Property For Sale

Investment Highlights
- Corner location at a signalized intersection.
- Located within an established neighborhood commercial corridor.
- Pylon signage enhances visibility and business exposure.
- Limited Commercial zoning supports a variety of retail uses.
Executive Summary
1182 High Street presents an opportunity to acquire a multi-tenant retail property in Cumberland, Rhode Island, offered at $800,000. The freestanding building contains two retail spaces and provides investors with existing income while offering future leasing and repositioning potential. A portion of the property is currently occupied by a restaurant tenant, creating an established operating presence and immediate cash flow.
Positioned at a signalized intersection with frontage on High Street and Highland Street, the property benefits from visibility to local residents and businesses throughout the Cumberland market. The surrounding area consists of established residential neighborhoods and neighborhood-serving commercial uses, supporting consistent customer traffic and long-term retail demand. Its location within northern Rhode Island provides convenient access to regional routes connecting Cumberland with Lincoln, Pawtucket, Providence, and southeastern Massachusetts.
Positioned at a signalized intersection with frontage on High Street and Highland Street, the property benefits from visibility to local residents and businesses throughout the Cumberland market. The surrounding area consists of established residential neighborhoods and neighborhood-serving commercial uses, supporting consistent customer traffic and long-term retail demand. Its location within northern Rhode Island provides convenient access to regional routes connecting Cumberland with Lincoln, Pawtucket, Providence, and southeastern Massachusetts.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,344 SF
Building Class
C
Year Built
1940
Price
$800,000
Price Per SF
$149.70
Percent Leased
35%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.23 AC
Zoning
C-1 - Limited Commercial District. This zoning district is intended for neighborhood commercial areas that primarily serve local neighborhood needs for conv
Parking
26 Spaces (4.87 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | CUMB-000016-000375-000000 | Improvements Assessment | $248,500 |
| Land Assessment | $101,400 | Total Assessment | $349,900 |
Property Taxes
Parcel Number
CUMB-000016-000375-000000
Land Assessment
$101,400
Improvements Assessment
$248,500
Total Assessment
$349,900
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