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1496 Victory Hwy 3,187 SF 100% Leased Flex Building Oakland, RI 02858 $850,000 ($266.71/SF)



Investment Highlights
- Multi use building with so many possibilities
Executive Summary
Exceptional opportunity with this stately mixed-use waterfront property set on 3.74 acres overlooking the trout-stocked Lapham Pond. The first floor features a vacant 1,550 sq ft commercial space complete with central air and a handicapped-accessible entrance, ideal for office, retail, or owner-occupied use. The second floor offers a spacious 1,650 sq ft 3-bedroom townhouse with two private decks offering breathtaking water views. The manicured corner lot provides 477 feet of frontage, parking for up to 40 vehicles, and a multi-vehicle garage with heat hookup. The property has town sewers and a well. Conveniently located near major highways. A rare property with endless potential—a must-see for investors, business owners, and/or live-work buyers alike. Buyer/Buyer's Agent to do due diligence.
Property Facts
| Price | $850,000 | Lot Size | 3.66 AC |
| Price Per SF | $266.71 | Rentable Building Area | 3,187 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 1900 |
| Zoning | F2 | ||
| Price | $850,000 |
| Price Per SF | $266.71 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Lot Size | 3.66 AC |
| Rentable Building Area | 3,187 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | F2 |
Amenities
- Wheelchair Accessible
- Air Conditioning
Utilities
- Sewer
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | BURR-000162-000000-000021 | Improvements Assessment | $353,500 |
| Land Assessment | $103,900 | Total Assessment | $457,400 |
Property Taxes
Parcel Number
BURR-000162-000000-000021
Land Assessment
$103,900
Improvements Assessment
$353,500
Total Assessment
$457,400
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American Homes & Commercial Real Estate
1496 Victory Hwy
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