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About this home
This turnkey, four-unit commercial property, three commercial units and one residential unit, is fully occupied and offers immediate, diversified income. The property sits on a generous 13,068 sq. ft. lot with newly paved and lined parking for 19 vehicles, and is fully up to date on security and fire code compliance. Both buildings feature newer heating systems. The single-level building features a double unit currently leased to a pizza and pasta restaurant (Tenant 1), with 5 years remaining on the lease, providing stable, long-term income. The second building is a versatile up-and-down, mixed-use structure with month-to-month tenants: a small business occupies the first-floor commercial unit (Tenant 2), while a residential apartment sits above on the second floor (Tenant 3). This front building features a solid Trex stairway for durable, low-maintenance access. With diversified income streams, ample on-site parking, full occupancy, and turnkey maintenance already in place, this is a fantastic opportunity for investors seeking a well-rounded, income-producing property.
Property details
- MLS #
- 1417126
- Property type
- Commercial,Commercial Sale
- Subdivision
- Killingly
- Status
- Active
- Days on market
- 12
- On market date
- July 16, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- 15
- Lot size
- 13,068 sqft
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 411
- Student:teacher ratio
- 12.8:1
- District
- Providence
- Enrollment
- 817
- Student:teacher ratio
- 14.9:1
- District
- Providence
- Enrollment
- 1,174
- Student:teacher ratio
- 14.5:1
- District
- Providence
Walkability
Blended score for Johnston's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Johnston, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated July 27, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.





