665 Warwick Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30521385
Property Subtypes: Free-Standing Building, Service Station/Gas Station, Street Retail, Vehicle Related
Building Size (RSF): 11,536 SF
Gross Building Area: 12,520 SF
Gross Land Area: 0.72 Acres
Sale Price: $849,000
Unit Price: $73.60 PSF
Property Use Type: Investment, Business
Usable Size (USF): 11,536 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/19/2019

Overview / Comments

This business has been existence since the 1958, the owner is now retiring, but at its pinnacle the business was making $1.2 million in gross revenues, the real estate will convey with the sale. The building at 11,536 FT , it houses two auto related business, a body shop and space leased to a mechanic, monthly rental is $2,700.
The auto body business and all inventory will convey with the sale.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Tax ID/APN: WK 293 35
Zoning: GB
Retail Clientele: General, Business
Property Located Between: Warwick ave and Atlantic ave
Property Visibility: Excellent
Largest Nearby Street: Warwick Avenue
Highway Access: Rt. 95 is blocks away
Airports: Close to T.F. Green Airport
Site Description: The building seats on .72 acres with a renovated building and plenty of parking in the back. High traffic count as it seats right on Warwick Ave
Area Description: Commercial business area
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 11,536 SF
Property Condition: Good
Year Built: 1915
Year Renovated: 2000
Roof Type: Gable
Construction/Siding: Concrete
Exterior Description: Building in excellent condition, good parking in the back. Highly visible property
Total Parking Spaces: 25
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Interior Description: The auto body shop has a spray booth, lift, frame machine, new HVAC system and an over sized compressor.
Zoning Description: Commercial industriall
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,089 119,677 324,136
Median Age: 42.3 38.75 37.35
Households: 7,084 45,658 124,369

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