3001 East Main Road

Why We Love it

3001 East Main Road, Portsmouth RI 02871

Rare investment opportunity in Portsmouth, RI: A thriving commercial shopping plaza featuring 18 units, with only one vacancy. This high-traffic location boasts a diverse tenant mix, including renowned brands like Dunkin' Donuts, H&R Block, and Edward Jones, alongside local favorites such as a liquor store, physical therapy practice, and multiple food establishments. All tenants operate under triple net leases, ensuring stable, low-maintenance income for the investor. With its prime location and strong occupancy rate, this plaza offers a rare chance to acquire a well-established commercial property in a bustling area. Don't miss this infrequent opportunity to add a lucrative, multi-tenant asset to your portfolio.

SALE PRICE:

$7,000,000

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SALE PRICE:
$7,000,000

FINANCIALS:
Inquire with Hello@kirbykirby.com for NDA to receive financial information

BUILDING SIZE:
27,952 SqFt

LOT SIZE:
3 Acres

YEAR BUILT:
1990

NUMBER OF UNITS:
18 Retail Units, 1 Storage Unit
1 Vacancy

PARKING:
Approximately 130 Parking Spaces

SEWER:
Septic Systems

HEAT/AIR:
Each Unit has their own HVAC

• Unit 12 Replaced in 2014

• Unit 8 Replaced in 2017

• Unit 2 Replaced in 2018

• Unit F Replaced in 2021

• Unit 10 Replaced in 2022

• Unit D Replaced in 2022

ZONING:
C- Commercial

ROOF AGE:
2014 : Complete Replacement Roof Perimeter Membrane
2015: Sections for units 11, 12, 13
2016: Sections 1, 2, 3
2019: Section 8
2020: Section F, G, H, Storage
Scheduled: Gutters Unit F, G, H, 3, 2, 1 Storage