2490 Main Road, Tiverton, 02878

Shopping Center for Sale
Sale Pending/Contingent
Catylist Listing ID: 30735276
Property Subtypes: Strip Center
Status: Pending/Contingent
Building Size (RSF): 8,000 SF
Gross Land Area: 80,586 SF
Sale Price: $785,000
Unit Price: $98.13 PSF
Ceiling: 8 ft.
Property Use Type: Business
Building Name: White Whine Plaza
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/30/2021

Overview / Comments

Eight unit plaza with successful rental history is on the market for the first time. This family-owned property has been part of the Tiverton landscape for decades. It has a new septic system, parking for 70+ cars and located on the most traveled street in Tiverton. Currently home to a liquor store, yoga studio, restaurant, ice cream store, etc.

Attachments & Media

Additional Details

Nearest MSA: Providence-Warwick
County: Newport
Tax ID/APN: TI 409-153
Zoning: R80
Retail Clientele: General, Business
Property Located Between: Old Bulgarmarsh and Bulgarmarsh
Property Visibility: Excellent
Largest Nearby Street: Bulgarmarsh/ Rte. 177
Highway Access: Very close to Route 24
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1986
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Roof Top, Surface
Parking Description: front parking lot for 1st floor stores, rear lot for second floor (walkout) units
Heat Type: Electricity, Oil
Heat Source: Baseboard
Air Conditioning: Window Unit, Other
Zoning Description: R80
In Flood Plain?: Yes
Water Service: Well
Sewer Type: Septic
Easements: Ingress/Egress
Easements Description: Easement for driveway to house on lot behind property

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 20,150 67,067
Median Age: 45.9 42.21
Households: 8,368 27,187

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