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360 Kingstown Rd - Narragansett Medical Office 0.84 Acres of Commercial Land Offered at $1,500,000 in Narragansett, RI 02882
Investment Highlights
- Located at the highly visible Narragansett rotary, serving as the main entrance to the town and ensuring strong exposure for any business.
- Offers convenient access to Route 1 and is approximately a 20-minute drive to Interstate 95, providing excellent regional connectivity.
- Positioned just minutes from South County’s renowned beaches, adding appeal for both commercial and recreational uses.
- Currently configured as a medical office building with 14 units, offering immediate income potential and flexibility for reconfiguration.
Executive Summary
An exceptional opportunity to acquire approximately 1/3 of the 2.6-acre property at 360 Kingstown Road, available either in combination with MLS #1387936 or as a standalone purchase. Positioned at the gateway to Narragansett with unmatched visibility at the high-traffic rotary, the site enjoys direct access to Route 1 and is just minutes from South County’s renowned beaches. Previously approved for a 10,000 sq ft medical office building, this parcel presents investors and developers with a flexible-scale project in a premier location. Zoned B-A, allowable uses include hotel, mixed-use retail, medical, or shopping center—offering wide-ranging redevelopment potential. Whether secured independently or alongside the larger holding, this parcel is a rare chance to redefine the entrance to one of Rhode Island’s most desirable coastal towns.
General Information
General Information
Property Facts
| Price | $1,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Office |
| No. Lots | 1 | Total Lot Size | 0.84 AC |
| Property Type | Land | ||
| Zoning | B-A - Commercial | ||
| Price | $1,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Office |
| Total Lot Size | 0.84 AC |
| Zoning | B-A - Commercial |
1 Lot Available
Lot 5
| Price | $1,500,000 | Lot Size | 0.84 AC |
| Price Per AC | $1,796,239.39 |
| Price | $1,500,000 |
| Price Per AC | $1,796,239.39 |
| Lot Size | 0.84 AC |
Vacant Land
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | NARR-000005-O000000-001102 | Improvements Assessment | $161,700 |
| Land Assessment | $0 | Total Assessment | $161,700 |
Property Taxes
Parcel Number
NARR-000005-O000000-001102
Land Assessment
$0
Improvements Assessment
$161,700
Total Assessment
$161,700
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360 Kingstown Rd - Narragansett Medical Office
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