2200 Diamond Hill Road Cumberland, RI $ 729,000
2200 Diamond Hill Road
$ 729,000
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2200 Diamond Hill Road

Cumberland, RI, 02864
$ 729,000
Bedrooms-- Baths-- Sq 2,914

Monthly Estimate*

$ 4,489

2200 Diamond Hill Road, Cumberland, RI 02864 - Image 1
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2200 Diamond Hill Road, Cumberland, RI 02864 - Image 11
2200 Diamond Hill Road, Cumberland, RI 02864 - Image 12

Commercial Property for sale in Cumberland, RI

for $729,000. This 2,914 square foot building was built in 1960 on a lot size of 0.24.

Fantastic Opportunity to own a Mixed Use 4-Unit located between Chapel Four Corners and I295 on Diamond Hill Road. Currently there are 2 Commercial Units on the 1st Level and 2 Residential Apartments on the 2nd Level. Separate Electrical Meters for each unit and a House Meter. Three Units are Heated and Cooled with Ductless Units and one unit is Heated with Electric Baseboard and Cooled with a Window Unit. Hot Water is paid by the owner along with the Water and Sewer. Building is Fire Alarmed. The one Commercial Vacancy was being occupied by the owner. Parking for 8 to10 vehicles. Additional income generated for a sign that is located on the property for a neighboring assisted living facility. This property can be purchased on its own or can be purchased along with adjacent 6-Unit and 17,000 Sq ft Vacant Lot. MLS #1389136 Many possibilities !

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Commercial Active

Price

$ 729,000

Property Type

Commercial

Taxes

$ 5,205

Style

Lot Size

0.24

Year Built

1960

Town/City

Cumberland

County/Region

Providence

MLS | Web ID

1397643

Features
General
Sewer Connected Public Sewer Sanitary
Heating Baseboard Ductless Heat Pump
Cooling Ductless Window Unit(s)
Utilities Cable Available Electricity Available Natural Gas Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected
Possession Negotiable
Zoning C-1
Security Features Fire Alarm
Construction Materials Brick Frame
Year Built 1960
Electric 100 Amp Service 200+ Amp Service
Tenant Pays Electricity Heat
Stories Count 2
Levels Two
Property Subtype Commercial
Tax Year 2025
Gross Income 37478
Business Type Accounting Barber/Beauty Commercial Mixed Professional/Office Professional Service Real Estate Residential Retail
Community Features Golf Highway Access Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) High Traffic Location Street Lights Sidewalks
County Providence
Operating Expense 12958
Insurance Expense 2645
New Construction false
Property Type Commercial Sale
Subdivision Name Chapel Four Corners
Possible Use Commercial Multi-Family Mixed Use Office Residential Retail
Status Active
City Cumberland
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 10454
Number of Units Leased 3
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 5205
Electric Expense 272
Trash Expense 0
Water Sewer Expense 2791
Lease Renewal Y/N true
Lease Considered Y/N false
Structure Type Apartment Multi Family
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 424200
Tax Lot 0039
Ownership Type LLC
Cap Rate 3.5
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Interior
Basement None
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Connected Water Tap Fee Public
Total Parking 8
Lot Size Area 10454
Foundation Details Concrete Perimeter Slab
Number of Buildings 1
Building Area Total 2914
Lot Size Acres 0.24
Road Surface Type Asphalt Paved
Frontage Length 185
Road Frontage Type State Road
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* Excluded Features
List By
Re/Max Town & Country

Broker

kathyfarrell3@gmail.com

Email

Affordability Calculator

$4,922
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$434
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
10/15/2025$729,000 Listed Price

Map


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2200 Diamond Hill Road, Cumberland, RI, 02864 is a Commercial Property for sale at $729,000 with 2,914 sqft and a lot size of 0.24. 2200 Diamond Hill Road was built in 1960. The property's zip code is 02864 which is in Cumberland, RI