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EXETER - BUSY RT. 2 COORIDOOR - Exisiting Income
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Location: Oak Harbor
Outstanding development opportunity in a booming Exeter Rhode Island location with 3 income producing residential units and a potential fourth. Let the income defray your costs.

17.25 approximate acres when combined with the adjacent lot 72-2-7 (must be purchased together). Frontage along rural highway Rt. 2 (South County Trail) is approx. 615 feet and the lot lies across the street from a busy Dunkin Donuts and Oak Harbor Plaza with restaurants, shops, a gas station and more. Next door to this property is a future driving range and amusement site.

University of Rhode Island is approximately 4 miles away. Stop and Shop (4 miles) Exeter CC and Laurel Lane Golf Club are close by as is access to Rt. 95 via Rt. 102 (Victory Highway) and Rt. 138 (Kingstown Rd.)

Buyers will be responsible for any permitting, testing, surveys, zoning changes, and evaluation.

Medical Center or Offices - Restaurant or Recreational - Retail Development - Movie Theater / Live Entertainment
Residential Development - Manufacturing - Student Apartment Community - Elder Care Facility - Par 3 Golf Course

Information
Contact Information
Pricing
Price: $825,000.00
Additional Pricing Information: Reduced From $899,000.00
Property Location
564 South County Trail
Exeter, RI 02882
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Features
Acreage: 17.25
Zoning: Mixed Use
Improvements: Two residential buildings
Property ID: 72-2-9 and 72-2-7
Broker: Oltedale
Other Details
5684.00 annual taxes
48,000.00 reported income
Approx. 718,740 sq. feet
Approx. 615 ft. frontage
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All information in this site is deemed reliable but is not guaranteed and is subject to change