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28-32 Main Rd

7,468 SF 100% Leased Retail Building Tiverton, RI 02878 £1,095,430 (£147/SF) 5% Net Initial Yield

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Investment Highlights

Three profit generating properties on one lot
Located in a high traffic area

Has a mix of 4 retail units, 4 residential units, 6 storage units and one loft unit.
Three garage units and a spacious office loft area above.

Executive Summary

Rare opportunity to own one lot with three income-generating buildings! The first is a mixed-used building 28-32 Main Rd which has four residential units totaling 4,270 sq ft and two retail storefront units totaling 1,522 sq ft. The second building is 36 Main Rd which has one large storefront unit containing 2,748 sq ft that could be split into two units. This includes a spacious storage room and bathroom in the back. Behind the storefront section of the building are two spacious garage units which offers 2,457 sq ft. Finally there is 27 Rock St which has three garage units and a spacious office loft area above. Each floor of 27 Rock St offers 1,118 sq ft. In total there are 13 rentable units grossing $98,280 a year with below-market rents. This is an opportunity you do not want to miss. Call today to schedule your private showing.