360 Kingstown RD Active

Narragansett,RI 02882

$ 7500000

- Bed

0 Bath

25522 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 25,522 sqft

Price per Sqft $293

MLS Listing ID 1387936

Year Built 1987

Annual Tax Amount $28,499

Tax Year 2024

Lot Size 2.600 Acres

Property Sub-Type Commercial

Property Description

Prime redevelopment opportunity at the gateway to Narragansett. 360 Kingstown Road is a 25,222 sq ft medical office building situated on 2.6 acres across two lots. Built in 1987, the property includes 14 individual units and is located directly at the high-traffic Narragansett rotary offering unmatched visibility and accessibility. Just minutes from South County's famed beaches and with direct access to Route 1 and a short drive to I-95, the location is ideal for a range of commercial ventures. Currently configured for medical office use, the building offers immediate income potential and flexibility for reconfiguration. Zoned B-A (Business), allowable uses include hotel, mixed-use retail, medical, or shopping center opening the door to creative redevelopment. With its size, location, and zoning, this is a rare legacy opportunity to reshape the entrance to one of Rhode Island's most desirable coastal towns.

Location

State RI

County Washington

Zoning B-A

Interior

Heating Forced Air,Gas

Cooling Central Air

Exterior

Community Features Golf,Highway Access,Marina,Near Hospital,Near Schools,Other,Public Transportation,Recreation Area,Restaurant,Shopping,See Remarks,Tennis Court(s),High Traffic Location,Sidewalks

Utilities Available Natural Gas Connected

Building

Building Description Brick,Masonry, Elevator(s)

Story 2

Foundation Slab

Sewer Septic Tank

Structure Type Brick,Masonry

New Construction No

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