|MLS #:||1029672||Living Area:||sq'|
|Lot Size:||16.85 acres|
A New Investment Opportunity.
Recently, a major portion of a 300 year old New England historic village is being offered as an extraordinary investment opportunity. Zoned for retail and office use, these properties include over a dozen buildings as well as beautifully landscaped grounds and ample parking.
Located in an affluent coastal area one hour south of Boston, Tiverton Four Corners is easily accessible from Boston, Newport , Providence, Cape Cod and the affluent communities of Southeastern Massachusetts. Weekends and summers also find visitors from Connecticut and New York City.
The fact that this offering includes several landmark and historic buildings in such a special location presents a rare opportunity for an investor looking for not only an investment, but also a chance for a lifestyle transformation.
The pure beauty of the area, with its rural nature and proximity to the sea, add to the appeal of these properties. The fact that it is already a destination area populated with many iconic Rhode Island shops means an investor would not have to start from scratch to build the reputation of the area.
It is also so photogenic that the marketing, advertising, and publicity are sure to be inspiring, and it is not difficult to generate publicity for such a location.
Tiverton Four Corners is the home to several fairs, festivals and farmers' markets throughout the year, such as the Music Festival, Local Artisan and Crafts Show, Garden and Herb Show, Antiques Show, etc. Tiverton Four Corners area has been designated as a Rhode Island tax-free Arts District. Another significant asset is The Meeting House, which is used for weddings and private parties as well as Arts Center exhibits, performances, outdoor concerts, an annual outdoor sculpture park, and a variety of community meetings.
The Revitalization of Historic Four Corners.
Over the past 25 years a small group of property owners have been working to create a unique retailing environment in a small, picturesque, 300 year old New England village which is listed on the National Register of Historic Places.
The village now includes a strong infrastructure of 20 -25 existing businesses here including a gourmet bakery, a small restaurant, gift and antique shops, two art galleries, a garden ornament store and greenhouse, waeving, wool and needlepoint shops, an antique lantern shop, an ice cream store and a few more! Although previously known as a summer community, it is clear from the sales records that this is now a year-round destination.