250 South County Trail Exeter, RI $ 1,200,000
250 South County Trail
$ 1,200,000
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250 South County Trail

Exeter, RI, 02822
$ 1,200,000
Bedrooms-- Baths-- Sq 6,480

Monthly Estimate*

$ 7,389

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Commercial Property for sale in Exeter, RI

for $1,200,000. This 6,480 square foot building was built in 1988 on a lot size of 1.23.

A well-maintained four-unit retail strip plaza in Exeter, offering two occupied units with established tenants and two vacant spaces ready for immediate occupancy an ideal opportunity for investors or owner-users looking to add value. The property has seen a series of meaningful capital improvements in recent years, reflecting a proactive ownership approach. In 2023, new gutters were installed, fencing around the dumpster enclosure was replaced, a mason inspection was completed with all identified deficiencies addressed, major potholes at the entrance were repaired, and a landscaping program was initiated to manage overgrowth. Most recently in 2025, the well was updated to current code, ensuring long-term compliance and reliability. The property is serviced by a two-tank septic system featuring a primary grease trap, efficient leach field, and two surface-level access covers. With stabilized income from two existing tenants, upside through lease-up of the vacant units, and a clear record of recent physical improvements, this plaza presents a straightforward value-add opportunity in a community retail setting. One tenant has a First Right of Refusal on a purchase offer.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 6,755

Style

Lot Size

1.23

Year Built

1988

Town/City

Exeter

County/Region

Washington

MLS | Web ID

1413593

Features
General
Sewer Septic Tank
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Not Available
Possession Negotiable
Zoning RU-4
Security Features Fire Alarm
Construction Materials Masonry
Year Built 1988
Electric 100 Amp Service
Tenant Pays Electricity Gas
Property Subtype Commercial
Tax Year 2025
Business Type Retail
Community Features High Traffic Location
County Washington
New Construction false
Property Type Commercial Sale
Subdivision Name Next to Post Office
Possible Use Commercial
Status Active
City Exeter
Disclosures Septic Disclosure
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 53578
Number of Units Leased 2
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 6755
Virtual Tour https://www.youtube.com/shorts/YDaDRU1cfz4
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 574900
Tax Lot 3
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Interior
Basement None
Furnished Y/N Unfurnished
Total Stories 1
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Well
Total Parking 50
Lot Size Area 53578
Foundation Details Slab
Number of Buildings 1
Building Area Total 6480
Lot Size Acres 1.23
Frontage Length 161
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* Excluded Features
List By
Kirby & Kirby

Broker

steve@KirbyKirby.com

Email

Affordability Calculator

$7,952
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$563
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
5/27/2026$1,200,000 Listed Price

Map


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250 South County Trail, Exeter, RI, 02822 is a Commercial Property for sale at $1,200,000 with 6,480 sqft and a lot size of 1.23. 250 South County Trail was built in 1988. The property's zip code is 02822 which is in Exeter, RI