$1,400,000
2
Beds
1
Bath
1,063
Living Area
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Property Description
Unique chance to own a residential/commercial property zoned for "Convenience Shopping" in a high-traffic area - perfect for developers, investors, or owner-operators looking for flexible, income-producing real estate. Prime Location at a Main thoroughfare with excellent visibility and traffic flow that includes main route between Foxwoods casino, RT95 and RI Beaches. Lot Size is Approx. 1.12 acres with potential to acquire adjacent property that includes Single-Family Home for strong rental income potential or owner-occupy. Zoned CS-5 for Convenience Shopping which allows for a mix of retail, office, service businesses, or redevelopment (subject to approvals) Investor Highlights: Commercial zoning in a residential setting - rare flexibility. High-demand location for retail, medical, or small business uses. Rental income from existing residence adds immediate value. Expand your footprint with neighboring parcel opportunity.
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Highlights
- Acres: 1
- Heating: Oil
- Property Class: Residential
- Style: Colonial
- Year Built: 1924
- Cooling: Window Unit(s)
- Parking Spots: 9
- Property Type: Single Family Residence
- Total Rooms: 7
- Status: Active
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Additional Details
- Appliances: Water Heater, Range, Refrigerator
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Source: Public Records
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- Year Built Details: Actual
- Zoning: Cs-5
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Amenities
- Community Features: Shopping, Highway Access
- Parking Features: Detached, Off Street
- Covered Parking Spaces: 3
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $196,200
- Taxes: $2,732
- Tax Year: 2025
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