For Sale
$21

50 New River RdLincoln, RI 02838

Prime RI Location: Warehouse & Office Space

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial property, located at 50 New River Road in Lincoln, Rhode Island, presents a unique investment opportunity. The 1.43-acre lot boasts a 62,290 square foot parcel situated directly on the Blackstone Valley Bike Path, offering high visibility and accessibility. The property includes a single-story, 1900-built building featuring two units totaling 2200 square feet of office and storage space. Recent upgrades include a new HVAC system and updated office space, ensuring immediate functionality. Ample parking is available on-site, and the property offers significant potential for expansion. The property is zoned MG05, allowing for a variety of commercial and retail uses. A Level 1 Environmental Inspection has been completed and is available for review upon request. This property is one of the few remaining in Northern Rhode Island with this zoning designation, making it a rare and highly desirable acquisition. The combination of its location, size, and recent improvements makes this an ideal investment for businesses seeking a versatile and well-maintained space in a thriving area. The property's proximity to the bike path also presents unique marketing and branding opportunities.

Highlights

  • 1.43-acre lot with 62,290 square feet in Lincoln, RI, directly on the Blackstone Valley Bike Path.
  • Single-story, 2,200 SF building (1900 construction) with two units, offering office and storage space.
  • Recent upgrades include a new HVAC system and updated office space.
  • Ample on-site parking and significant expansion potential.
  • MG05 zoning allows for various commercial and retail uses.
  • Completed Phase I environmental assessment available.

Property Details for 50 New River Rd

Property type
Warehouses, Retail properties
Year Built
1900
Buildings
1
Stories
1
Units
2

Location Insight

City
Lincoln
County
Providence
State
Rhode Island
Latitude
41.9696164
Longitude
-71.4690215
50 New River Rd, Lincoln, Rhode Island

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50 New River Rd
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