250 S County Trl - Freestanding FOR SALE


Exeter, RI 02822
$1,200,000 USD
401-324-0048
250 S County Trl, Exeter, RI for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/40
null | Request Cap Rate

NEW


250 S County Trl
Exeter, RI 02822


OVERVIEW

A well-maintained four-unit retail strip plaza in Exeter, offering two occupied units with established tenants and two vacant spaces ready for immediate occupancy — an ideal opportunity for investors or owner-users looking to add value. The property has seen a series of meaningful capital improvements in recent years, reflecting a proactive ownership approach. In 2023, new gutters were installed, fencing around the dumpster enclosure was replaced, a mason inspection was completed with all identified deficiencies addressed, major potholes at the entrance were repaired, and a landscaping program was initiated to manage overgrowth. Most recently in 2025, the well was updated to current code, ensuring long-term compliance and reliability. The property is serviced by a two-tank septic system featuring a primary grease trap, efficient leach field, and two surface-level access covers. With stabilized income from two existing tenants, upside through lease-up of the vacant units, and a clear record of recent physical improvements, this plaza presents a straightforward value-add opportunity in a community retail setting.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

RU-4

APN/PARCEL ID

EXET-000067-000003-000008

ASK ABOUT THIS PROPERTY

Molly KirbyKirby & KirbyMore Info
401-324-0048

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Molly KirbyKirby & KirbyMore Info
401-324-0048

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.