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840 Cumberland - Sale

$3,300,000

840 Cumberland Hill Road, Woonsocket, RI 02895

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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