840 Cumberland - Sale
$3,300,000
840 Cumberland Hill Road, Woonsocket, RI 02895
For Sale
Retail
Active
Last Updated: 06/18/2024
8
Cap Rate
52,824 sqft
Building Size
Details:
Cap Rate: 8%
Building Size: 52,824 sqft
Lot Area: 3.51 acres
Occupancy: 90%
Lease Type: Modified Gross
Year Built: 1932
Zoning: MU2
Tenancy: Multiple
Floors: 2
Parking Spots: 80
Gross Leaseable Area: 52,000
CeilingHeight: 15
Highlights:
- Great investment property
- 50,000+ sq ft on over 3.5 acres
- highly trafficked road
Description:
Great property in an Opportunity Zone! Use this building to house your business or as an investment property. Strong financials even with some under market rents. 50,000+ sq feet of building space on over 3.5 acres of land. Convenient highway access to route 99 + 146, as well as interstate 295. Solid tenants
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