Cumberland, Rhode Island Commercial Real Estate 0 Listings

Cumberland, Rhode Island: A Premier Destination for Commercial Real Estate

Introduction

Cumberland, Rhode Island is an emerging hub for commercial real estate, offering unique opportunities for investors and businesses alike. As a town located in Providence County, Cumberland combines a robust economy with strategic positioning to attract a diverse range of industries. Known for its significant role in regional commerce, Cumberland's commercial real estate appeal lies in its skilled workforce, strategic location, and supportive economic environment.

Economic and Industry Overview

Cumberland's economy is driven by a variety of industries, including manufacturing, healthcare, and logistics. These sectors create a steady demand for diverse commercial property types such as office spaces, industrial facilities, and retail locations. The town benefits from regional economic development initiatives, such as those spearheaded by the Northern Rhode Island Chamber of Commerce, which work to enhance business growth and infrastructure development.

Strategic Location and Transportation Infrastructure

Cumberland's strategic location is bolstered by its proximity to major highways, including Interstate 295 and Route 99, facilitating easy access to neighboring markets. The town is well-connected by the Rhode Island Public Transit Authority (RIPTA), providing efficient public transportation options. Additionally, the proximity to T.F. Green Airport enhances Cumberland's appeal for businesses requiring easy air travel access. The town's logistical advantages make it an ideal location for distribution and manufacturing operations.

Commercial Real Estate Inventory & Zoning

Cumberland offers a variety of commercial real estate submarkets, including vibrant industrial corridors and burgeoning innovation districts. Key asset classes include industrial facilities, retail centers, flex spaces, and office buildings. Notable zoning changes and incentives for developers are available through the Town of Cumberland's Planning Department, with detailed zoning maps accessible here.

Major Employers and Institutions

Cumberland hosts several major employers and institutions that drive commercial real estate demand. Noteworthy entities include CVS Health, a Fortune 500 company with a significant presence in the area, and the Community College of Rhode Island, which contributes to workforce development. For more information on local businesses, visit the Cumberland Business Directory.

Notable Commercial Developments & Projects

Recent large-scale developments in Cumberland include mixed-use projects and innovation parks that are reshaping the town's commercial landscape. Public-private partnerships and designated Opportunity Zones further enhance investment prospects. The Cumberland Planning Department provides planning documents and approved site maps for ongoing projects.

Building Permits, Planning, and Development Tools

For developers and investors, Cumberland offers comprehensive resources to aid in project planning and execution. Key tools include the Building and Safety Department, online permitting portals, and the parcel map viewer. The town's development code is available online for reference.

Market Data & Economic Reports

Access to market data and economic reports is crucial for informed decision-making. Public datasets, such as those from census.gov, offer valuable insights into demographic and economic trends. Brevitas utilizes AI-powered aggregation from public data and internal insights to provide comprehensive market analysis. Explore Brevitas-powered dashboards for Cumberland by visiting our city search page.

Why Use Brevitas for Cumberland, Rhode Island CRE?

Brevitas offers unparalleled tools for discovering commercial real estate in Cumberland, Rhode Island. Our AI-driven platform provides real-time market alerts, smart property pages, and collaborative dealroom features. Unique offerings include: