Warren Avenue Mill Building

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30208096
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 43,596 SF
Gross Land Area: 52,271 SF
Sale Price: $749,000
Unit Price: $17.18 PSF
Docks/Doors: 2 Docks
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 43,596 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/12/2018

Overview / Comments

Multi tenanted 2 story brick building consisting of a total of 43,596sf on 2 floors. 2 tailboard loading doors with conveyor belt to 2nd floor. Large parking lot. New rubber roof. 3 phase 400 amp service. This building is ideal for a user needing the entire 43,596sf or maintain existing tenancies and use what you need.

Located directly off Woonasquatucket Avenue and just minutes to Mineral Spring Avenue and Rt. 6 & Rt. 295.


Finance Data Year 2017
Real Estate Taxes - Annual($) $39,438 (Annual)
Tax Value Land $185,200
Tax Value Improvements $952,000
Assessed Value - Total($) $1,137,200 (Annual)
Actual or Proforma Year Actual

Current Tenants

Tenant Business Name Mastercraft Jewelers
Is Renting? Yes
Current Rent $30,000 PSF (Annual)
Tenant Business Name Erwin Pearl, LLC
Is Renting? Yes
Current Rent $54,000 PSF (Annual)
Tenant Business Name Rising Star Dance Academy
Is Renting? Yes
Current Rent $22,800 PSF (Annual)
Tenant Business Name Claverick
Is Renting? Yes
Current Rent $7,500 PSF (Annual)
Tenant Business Name RISD Sculptor
Is Renting? Yes
Current Rent $6,000 PSF (Annual)
Tenant Business Name Photographer
Is Renting? Yes
Current Rent $12,000 PSF (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: Town of North Providence
Tax ID/APN: 11/13
Zoning: ML
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 21,000 SF
Property Condition: Good
Year Built: 1920
Year Renovated: 2007
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 40
Sprinklers: Wet
Amps: 400
X-Phase: 3 Phase
Heat Type: Natural Gas, Oil
Heat Source: Central, Ceiling Units
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,615 159,540 361,131
Median Age: 40.55 34.67 35.16
Households: 8,289 59,512 136,581


Photograph of Listing Agent

Jim Conway

Conway Commercial Group of WR Commercial
ECCPN Member
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