
$1,200,000 USD
Retail Property for Sale, 250 South County Trail, Exeter, Rhode Island 02822
- MLS#1413593
- Minimum sellable space
602 m² (6,480 ft²)
Listed By Kirby & Kirby
The Retail Property for Sale located at 250 South County Trail, Exeter, Rhode Island 02822 is currently for sale. 250 South County Trail, Exeter, Rhode Island 02822 is listed for $1,200,000.
Property features
Property
- Property size:
602 m² (6,480 ft²) - Type: Unfurnished
Lot/Land
- Land/Lot size:
4,978 m² (53,578 ft²)
Construction
- Year built: 1988
Security
- Features: Fire Alarm
Heating and Cooling
- Heating system: OilForced Air
- Cooling system: Air Conditioning
Utilities
- Other utilities: Septic Tank
Description
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.
Location
250 South County Trail, Exeter, Rhode Island 02822