2352 Mendon Road Cumberland, RI $ 2,260,000
2352 Mendon Road
$ 2,260,000
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2352 Mendon Road

Cumberland, RI, 02864
$ 2,260,000
Bedrooms-- Baths--

Monthly Estimate*

$ 14,099

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Commercial Property for sale in Cumberland, RI

for $2,260,000. This building was built in 1950.

Core Investment Opportunity! Acquire this a highly stabilized 21,000 +\- SF mixed-use property located in the Cumberland, Rhode Island market. This asset delivers an exceptional Cap Rate and is positioned on high-visibility Route 122, benefiting from a high traffic count and C-1 zoning. The property features a proven revenue model with a balanced unit mix (8 commercial, 8 residential), tenant-direct utility payments, and additional income streams via a solar array. Recent comprehensive capital investments (2015-2025, including roof and parking lot upgrades) mitigate near-term CapEx exposure. Furthermore, the 2.61-acre parcel offers a significant value-add component: a possible 7,000 +/- SF retail development opportunity on the adjacent pad, providing a clear mechanism for substantial future Net Operating Income growth. This acquisition represents a unique convergence of stable cash flow, minimal capital risk, and exponential development potential. Interested/qualified parties will have the opportunity to obtain additional information upon request.

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Commercial Pending

Price

$ 2,260,000

Property Type

Commercial

Taxes

$ 15,061

Style

Year Built

1950

Town/City

Cumberland

County/Region

Providence

MLS | Web ID

1397661

List By
Greco Real Estate

Broker

GrecoRealEstate.info@gmail.com

Email

Affordability Calculator

$15,355
Per Month
92%
8%
0%
Monthly Principal & Interest
$14,099
Monthly Property Taxes
$1,255
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
10/20/2025$2,260,000 Listed Price

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2352 Mendon Road, Cumberland, RI, 02864 is a Commercial Property for sale at $2,260,000. 2352 Mendon Road was built in 1950. The property's zip code is 02864 which is in Cumberland, RI