For Sale
$1,100,000

10 Lambert AveCumberland, RI 02864

Industrial Warehouse, 43,560 SF Lot

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a prime industrial property located at 10 Lambert Avenue, Cumberland, Rhode Island. The property encompasses a substantial 43,560 square foot lot, featuring a 10,271 square foot warehouse building constructed in 1940. The warehouse boasts desirable features for industrial use, including ceiling heights of approximately 15-20 feet, providing ample vertical space for storage and operations. Six overhead doors ensure efficient loading and unloading capabilities. Furthermore, the property benefits from a recently updated electrical system, enhancing its functionality and reliability. Currently configured and leased as individual contractor units, this property offers immediate income potential. An additional benefit is the inclusion of a vacant 0.52-acre lot situated behind the main warehouse at 25 Beauregard Avenue. This expansive lot provides potential for future expansion or development. The property enjoys a strategic location with convenient access to major transportation arteries, including Routes I-295, 146, and I-95, facilitating seamless logistics and distribution. This property is ideal for investors seeking a well-located, income-producing industrial asset with significant upside potential. The asking price for this exceptional property is $1,100,000.

Highlights

  • Prime Cumberland, RI industrial property at 10 Lambert Avenue.
  • 43,560 SF lot with a 10,271 SF, 1940-built warehouse.
  • 15-20 ft. ceiling heights, six overhead doors, and a recently updated electrical system.
  • Currently leased, generating immediate income; includes a separate 0.52-acre vacant lot at 25 Beauregard Avenue.
  • Excellent access to I-295, 146, and I-95.
  • Asking price: $1,100,000.

Property Details for 10 Lambert Ave

Property type
Warehouses, Land
Year Built
1940
Buildings
1

Location Insight

City
Cumberland
County
Providence
State
Rhode Island
Latitude
41.9596274
Longitude
-71.4444617
10 Lambert Ave, Cumberland, Rhode Island

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10 Lambert Ave
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