Cowesett Development Opportunity

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30735411
Property Subtypes: Office, Retail, Other
Gross Land Area: 0.68 Acres
Sale Price: $649,000
Unit Price: $954,411 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/3/2021

Overview / Comments

Fantastic Development Opportunity! Lots 284 and 288.
Corner Lot with Traffic Light across from a Cumberland Farms. Possible uses Bank or other Financial institution, Restaurant/drive through, Retail or Office!
Property consists of 2 lots, 284 and 288 Cowesett Avenue with 3 existing retail structures (2 stand alone retail and 1 single family with retail) and large parking area. As is Investment Opportunity with rental income. Annual Income $44,400.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Tax ID/APN: WW 028-0390-0-000 and 028-0060-0-000
Zoning: BUSINESS/COMMERCIAL
Property Located Between: Corner of Cowesett Ave and Cochran St
Property Visibility: Excellent
Largest Nearby Street: Quaker Lane
Highway Access: Access to Rt 2 and I-95
Airports: TF Green
Lot Frontage: 194 ft
Topography: Level
Available Utilities: Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,773 67,974 139,613
Median Age: 44.02 41.98 42.64
Households: 6,102 29,316 56,907

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