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0 Baths
6,480 sqft

$1,200,000

250 South County Trail, Exeter RI, 02822

Price per sqft$185.19
Built in1988
Property size6,480 sqft
Property typeCommercial

Overview

Active

Listed May 27, 2026

Updated 7 days ago

A well-maintained four-unit retail strip plaza in Exeter, offering two occupied units with established tenants and two vacant spaces ready for immediate occupancy an ideal opportunity for investors or owner-users looking to add value. The property has seen a series of meaningful capital improvements in recent years, reflecting a proactive ownership approach. In 2023, new gutters were installed, fencing around the dumpster enclosure was replaced, a mason inspection was completed with all identified deficiencies addressed, major potholes at the entrance were repaired, and a landscaping program was initiated to manage overgrowth. Most recently in 2025, the well was updated to current code, ensuring long-term compliance and reliability. The property is serviced by a two-tank septic system featuring a primary grease trap, efficient leach field, and two surface-level access covers. With stabilized income from two existing tenants, upside through lease-up of the vacant units, and a clear record of recent physical improvements, this plaza presents a straightforward value-add opportunity in a community retail setting. One tenant has a First Right of Refusal on a purchase offer.

Additional information

MLS® ID
1413593

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.23 Acres

Other Property Details

Taxes
$6,755
Tax Frequency
Annually

Courtesy of Kirby & Kirby, 401-862-6761

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 3:39 AM UTC, 10/4/2026.

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