This property presents a compelling investment opportunity, generating strong current income with significant upside potential through future redevelopment. Its large lot size and abundant parking allow for multiple interim revenue streams alongside existing retail tenants. With Annual Average Daily Traffic exceeding 17,000 vehicles, the site benefits from consistent retail demand. Located just 0.5 miles from the Rhode Island Metro station, the property is well-positioned for future residential development, including townhomes or multifamily units, either for sale or lease. The surrounding neighborhood is undergoing notable revitalization, highlighted by the nearby Studio 3807 mid-rise multifamily building, a vibrant food hall, and the Brentwood Arts Exchange, all of which underscore the area's ongoing gentrification and rising appeal.