1. Rhode Island
  2. Tiverton
  3. 42 Main Road
$1,399,000

42 Main Road, Tiverton, RI 02878

  • 6 beds |
  • 4 baths |
  • 22,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon0.6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $64/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

42-46 Main Road offers a rare opportunity to acquire a large, mixed-use commercial and residential building located in the heart of Tiverton, RI. Boasting a total usable space of approximately 20,000 square feet, including an oversized basement with high ceilings, this property offers significant potential for both investors and owner-occupiers. The building includes two commercial units on the first floor (currently vacant) and three spacious residential apartments on the upper floors. With numerous updates underway and new roofing being delivered at sale, the property is primed for immediate use or further development. Property Details: Total Square Footage (Including Basement): ~22,000 SF Total leasable square footage (GLA) 20,000 SF Residential Units: 3 (1) Oversized 4-bedroom apartment (2) Large 2-bedroom apartments Commercial Units: 2 (First Floor, Vacant) Lot Size: 0.601 Acres Ceiling Heights: Oversized throughout, including basement Zoning: General Commercial / Mixed Use Recent & Planned Updates New/Updated Roofing to be completed prior to sale Existing fire alarm system rough-in completed Ongoing cleanup and cosmetic improvements Strong Upside Potential: Nearby comparable properties are listed at $110-$213/SF. This property is currently priced at just $98/SF, offering room for appreciation.

Listing Status:
Active
Date Added:
May 13, 2025 at 05:00AM
Listing Office:
The Greene Realty Group : 860-560-1006
MLS ID:
1384692
  • General: AtticBathtubCathedral Ceiling(s)High CeilingsStall ShowerTub ShowerVaulted Ceiling(s)Cable TV
  • Appliances: DryerOvenRangeRefrigeratorTankless Water HeaterWasher
  • Basement: FullPartially FinishedWalk-Out Access
  • Flooring: HardwoodCarpet
  • A/C: Heat Pump
  • Heating: CentralGas
  • Fireplace: Fireplaces: 0

This listing courtesy of The Greene Realty Group

Location

Schools Nearby

P

Pocasset Elementary school

242 Main Rd, Tiverton, RI, 02878

Grades KG-4

0.38 miles away

T

Tiverton Middle School

10 Quintal Dr, Tiverton, RI, 02878

Grades 5-8

3.27 miles away

T

Tiverton High School

100 N Brayton Rd, Tiverton, RI, 02878

Grades 9-12

3.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.