Office for Sale

Office for Sale
Catylist Listing ID: 30371953
Property Subtypes: Flex Space, Office Building
Building Size (RSF): 1,985 SF
Gross Building Area: 2,304 SF
Gross Land Area: 9,583 SF
Sale Price: $300,000
Unit Price: $151.13 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/7/2019

Overview / Comments

Office building, close to all including state house, downtown, VA and Roger Williams Hospitals. Recently renovated building with multiple offices (5+), conference room, kitchen area and waiting/reception area. Plenty of parking and signage, all located on a main street. Could be divided into 2 units. Zoned R-3

See attached zoning use chart and zoning certificate.

Great opportunity for: Attorney, accountants, engineers, etc...mortgage lender, church.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $8,422 (Annual)
Tax Value Improvements $117,800
Assessed Value - Total($) $239,500 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: PR 069-0148
Zoning: R-3
Property Visibility: Good
Highway Access: Easy access to 95, 146, 6/10
Airports: 15 minutes to Green Airport
Area Description: Centrally located close to the statehouse, downtown, VA and the Roger Williams hospitals with easy access to 95, 146 and the 6/10 highways. On the bus route, and close to residential neighborhood.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1972
Year Renovated: 2017
Construction/Siding: Wood Shingle
Exterior Description: 2 story brick front building. Plenty of parking in front and rear of building. Located on a high traffic street and on bus route.
Parking Type: Surface
Parking Description: Plenty of parking: 15-20 spots. Sizeable lot.
Total Parking Spaces: 20
Heat Type: Oil
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Recently renovated. Great condition.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 42,277 253,714 449,301
Median Age: 29.43 33.57 36.04
Households: 14,880 95,879 174,316
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