60 Maple AveBarrington, RI 02806

Property Details for 60 Maple Ave

Year built

1922

Construction

FRAME

Lot size

0.23 AC

Property size (Sq ft)

1,544 SF

Zone code

B

Property type

Investment properties

Property subtype

Live-work space

APN

BARR M:23 L:094

APU

BARRM23L094

Description

This exceptional commercial property at 60 Maple Avenue in Barrington, Rhode Island (zip code 02806), offers a unique blend of retail and office space. The building, situated on a 10,000 square foot lot, features 800 square feet of meticulously maintained space within a two-story structure. The property boasts a highly desirable location in the heart of downtown Barrington, ensuring high visibility and foot traffic. With three convenient entrances, the building offers excellent opportunities for showcasing products and services. The charming front porch adds to the property's curb appeal. Inside, the space includes added storage, a fully accessible restroom, and a spacious rear room suitable for various uses, such as an office, examination room, or prep kitchen. The property's zoning is classified as "B". Ample parking is provided with 12 spaces, accessible from both Maple Avenue and Anoka Avenue, enhancing convenience for customers and employees. The single-tenant occupancy presents a streamlined management opportunity. This versatile property is ideal for a wide range of businesses, including but not limited to medical offices, executive suites, specialty services, retail shops, and restaurants. The property's size, location, and amenities make it an exceptional investment opportunity in a thriving Rhode Island community.

• CAP approach

  CAP return

  Valuation

  6%

  $291,034

  6.5%

  $268,647

  7%

  $249,458

• Comparable approach

  Method

  Valuation

  Relative Method

  $205,774

  Geo Method

  $205,774

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $525,762

  Retail / Commercial

  $269,608

  Hospitality / Lodging

  $197,098

  Office

  $267,051

  Institutional / Educational

  $279,285

  Residential Income

  $326,763

  Multifamily

  $391,902

  Automotive / Energy

  $239,387

  Parking / Income-Based Land

  $82,609.50

  Restaurant / Food Service

  $139,725

  Healthcare / Senior Housing

  $275,492

Location Insight

City

Barrington

County

Bristol

State

Rhode Island

Latitude

41.7392

Longitude

-71.31

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].