134 Maple AveBarrington, RI 02806

Property Details for 134 Maple Ave

Lot size

0.21 AC

Zone code

NB

Property type

Investment properties

Property subtype

Live-work space

APN

BARR M:23 L:079

APU

BARRM23L079

Description

This exceptional mixed-use property presents a unique investment opportunity in the vibrant coastal community of Barrington, Rhode Island. Located at 134 Maple Avenue, 02806, this 9,000 square foot lot boasts two buildings constructed in 2015. The property is zoned for commercial use, offering a turnkey solution for an owner-occupant or savvy investor seeking a high-visibility location. The existing buildings provide immediate income potential and a solid foundation for future development. The property's prime location ensures excellent visibility and convenient access, attracting a diverse clientele. This is an ideal opportunity to capitalize on the thriving Barrington market and secure a valuable asset in a desirable coastal community. The property's versatility allows for a wide range of uses, making it an attractive investment for those seeking a flexible and profitable venture. With its existing infrastructure and prime location, this property is poised for continued success and significant return on investment. The potential for expansion or further development adds to the overall appeal, making this a truly exceptional opportunity in a sought-after Rhode Island location. Don't miss this chance to acquire a valuable mixed-use property in a flourishing coastal town.

• CAP approach

  CAP return

  Valuation

  6%

  $1,487,804

  6.5%

  $1,373,357

  7%

  $1,275,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,175,809

  Geo Method

  $1,175,809

• Alternative Use

  Use

  Valuation

  Residential

  $1,702,963

  Hospitality

  $1,559,905

  Educational

  $1,297,822

  Medical

  $1,342,456

  Retail

  $2,018,835

Location Insight

City

Barrington

County

Bristol

State

Rhode Island

Latitude

41.739

Longitude

-71.3131

CBSA code

39300

CBSA name

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

Property Tax & Assessments

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