360 Kingstown Road Narragansett, RI $ 7,500,000
360 Kingstown Road
$ 7,500,000
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360 Kingstown Road

Narragansett, RI, 02882
$ 7,500,000
Bedrooms-- Baths-- Sq 25,522

Monthly Estimate*

$ 46,179

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Commercial Property for sale in Narragansett, RI

for $7,500,000. This 25,522 square foot building was built in 1987 on a lot size of 2.6.

Prime redevelopment opportunity at the gateway to Narragansett. 360 Kingstown Road is a 25,222 sq ft medical office building situated on 2.6 acres across two lots. Built in 1987, the property includes 14 individual units and is located directly at the high-traffic Narragansett rotary offering unmatched visibility and accessibility. Just minutes from South County's famed beaches and with direct access to Route 1 and a short drive to I-95, the location is ideal for a range of commercial ventures. Currently configured for medical office use, the building offers immediate income potential and flexibility for reconfiguration. Zoned B-A (Business), allowable uses include hotel, mixed-use retail, medical, or shopping center opening the door to creative redevelopment. With its size, location, and zoning, this is a rare legacy opportunity to reshape the entrance to one of Rhode Island's most desirable coastal towns.

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Commercial Active

Price

$ 7,500,000

Property Type

Commercial

Taxes

$ 28,499

Style

Lot Size

2.6

Year Built

1987

Town/City

Narragansett

County/Region

Washington

MLS | Web ID

1387936

Features
General
Sewer Septic Tank
Heating Forced Air Gas
Cooling Central Air
Utilities Natural Gas Connected
Possession Negotiable
Zoning B-A
Construction Materials Brick Masonry
Year Built 1987
Electric 200+ Amp Service
Stories Count 2
Levels Two
Property Subtype Commercial
Tax Year 2024
Business Type Medical Professional/Office
Community Features Golf Highway Access Marina Near Hospital Near Schools Other Public Transportation Recreation Area Restaurant Shopping See Remarks Tennis Court(s) High Traffic Location Sidewalks
Building Name Narragansett Medical Office Building
County Washington
New Construction false
Property Type Commercial Sale
Building Features Elevator(s)
Status Active
City Narragansett
Disclosures Septic Disclosure
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 113256
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 28499
Standard Status Active
Tax Assessed Value 3107900
Tax Lot 5 & 5-1
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Interior
Basement None
Total Stories 2
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 75
Lot Size Area 113256
Foundation Details Slab
Number of Buildings 1
Building Area Total 25522
Lot Size Acres 2.6
Road Surface Type Asphalt
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* Excluded Features
List By
Lila Delman Compass

Broker

TheLocalGroup@LilaDelman.com

Email

Affordability Calculator

$48,554
Per Month
95%
5%
0%
Monthly Principal & Interest
$46,179
Monthly Property Taxes
$2,375
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
6/18/2025$7,500,000 Listed Price

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360 Kingstown Road, Narragansett, RI, 02882 is a Commercial Property for sale at $7,500,000 with 25,522 sqft and a lot size of 2.6. 360 Kingstown Road was built in 1987. The property's zip code is 02882 which is in Narragansett, RI