Vineyard Road Portfolio
Retail-Commercial
for Sale
| Catylist Listing ID: |
30399881 |
| Property Subtypes: |
Free-Standing Building, Street Retail
|
| Building Size (RSF): |
4,950 SF
|
| Gross Land Area: |
40,511 SF
|
| Sale Price: |
$589,900 |
| Unit Price: |
$119.17 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Vineyard Road Landscape Supply |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/27/2019 |
Overview / Comments
The real estate assets of Vineyard Road Landscape Supply are now available for purchase. This portfolio consists of 303 Vineyard Road, a 3,000sf concrete and steel free standing building built in 1986 with two 14' overhead doors, service counter and separate retail showroom with office, and 10 Bowler Road, a 1,950sf concrete and steel structure built in 1986 with three 14' overhead doors. The combined lot size is 40,511sf with access from Vineyard Road and Bowler Road.
Also available for purchase and priced separately at $750,000, is the well established landscape supply business with over 35 years of continued success. Included in the business acquisition are a 2000 Ford F650 dump truck, 2004 F 550 dump truck, 2016 Hyundai Fork Lift, two 2012 Bobcats, and a 48' storage trailer.
|
Financials
| Finance Data Year |
2018 |
| Real Estate Taxes - Annual($) |
$12,020 (Annual) |
| Tax Value Land |
$121,700 |
| Tax Value Improvements |
$263,600 |
| Assessed Value - Total($) |
$385,300 (Annual) |
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Kent |
| Taxing Authority: |
City of Warwick |
| Tax ID/APN: |
351/0260/0000 & 351/0262/0000 |
| Retail Clientele: |
General, Family, Business |
| Property Visibility: |
Good |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
1986 |
| Roof Type: |
Arched |
| Parking Type: |
Surface |
| Heat Type: |
Natural Gas |
| Heat Source: |
Ceiling Units |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,378 |
51,985 |
158,142 |
| Median Age: |
41.21 |
42.99 |
43.57 |
| Households: |
5,671 |
21,638 |
65,349 |
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