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1320 Eddie Dowling Hwy 20,027 SF 100% Leased Flex Building Lincoln, RI 02865 $2,990,000 ($149.30/SF) 7% Cap Rate



Investment Highlights
- 20,027 SF flex building on 3.03 acres at the Route 146 / Route 99 / I-295 interchange
- 100-kW backup generator and heavy power service
- 16' clear height with combined office, showroom and service-bay layout
- 160-foot communications tower on site with existing and future income potential
- Six drive-in doors: five 10' x 10' plus one 14' x 16'
- Cat-5 structured wiring throughout; former television and radio broadcast facility
Executive Summary
1320 Eddie Dowling Highway is a rare, infrastructure-rich commercial property positioned at one of Rhode Island's most connected commercial crossroads — the intersection of Route 99, I-295, and Route 146. Spanning approximately 20,027 square feet across two interconnected levels on a 3+ acre site, the property blends executive office space, showroom/retail area, and service/warehouse capacity into a single flexible campus. Built out with substantial infrastructure — a 160-foot communications tower, Cat-5 wiring throughout, a 100-kW backup generator, and 150+ parking spaces — this is a property that would be extremely costly to replicate today.
Zoned BL-0.5 (Business Limited), the property supports a wide range of commercial uses by right or by special permit, making it suited for a corporate headquarters, technology or telecommunications operator, media organization, contractor or distribution business, showroom/dealership use, or an owner-user seeking a centrally located, highly visible Rhode Island base of operations.
Zoned BL-0.5 (Business Limited), the property supports a wide range of commercial uses by right or by special permit, making it suited for a corporate headquarters, technology or telecommunications operator, media organization, contractor or distribution business, showroom/dealership use, or an owner-user seeking a centrally located, highly visible Rhode Island base of operations.
Property Facts
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | LINC-000040-000170-000000 | Improvements Assessment | $1,056,400 |
| Land Assessment | $396,500 | Total Assessment | $1,452,900 |
Property Taxes
Parcel Number
LINC-000040-000170-000000
Land Assessment
$396,500
Improvements Assessment
$1,056,400
Total Assessment
$1,452,900
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1320 Eddie Dowling Hwy
