2352 Mendon Road

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Address: 2352 Mendon Rd, Cumberland, RI 02864, USA

Boston & New England + Apartment Buildings

Created date: January 30, 2024

Date last updated: August 19, 2024

Major Cap-ex Improvements
Value-add through Rental Increases
Tenant Reimbursements
Route 122 Location
Additional Development Opportunity

Property Description

Northeast Private Client Group® is pleased to present The Mendon Road Mixed-Use, an 21,000 +/- SF Mixed-use property located at 2352 Mendon Road in Cumberland, Rhode Island. The Mendon Road Mixed-use includes residential, retail, office, and storage units. Tenants are responsible for their utilities, and Adelines Restaurant reimburses for 80% of the water & sewer bill. There is ample off-street parking and additional income from the solar on the roof. Located on route 122 the property boasts a high traffic count with numerous shops & restaurants nearby. On the left side of the lot was a previously approved (currently expired) 7,000 +/- SF retail property to be constructed on-site for value-add. Please ask for additional info. The parcel is zoned C-1. The Mendon Road Mixed-use provides an investor the unique opportunity to acquire a high cash-flowing, a well-maintained asset with a variety of tenant types on the main road with numerous amenities. The current owners have also made multiple capital investments over the past year, including roof, parking lot, residential units, etc. All interested and qualified parties will have the opportunity to obtain additional information and walk the premise upon request.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
No. of Units:	17
Year Built:	1950
Lot Size:	2.61 Sq ft
Opportunity Zone:	No
Property Website	Click Here