Development Opportunity

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30436501
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Other
Status: Pending
Building Size (RSF): 6,200 SF
Gross Building Area: See Agent
Gross Land Area: 1.22 Acres
Sale Price: $1,100,000
Unit Price: $177.42 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2020

Overview / Comments

Redevelopment Opportunity.

1.22 acres of land, Zoned B2, high visibility, level site, close to intersection, across from CVS, owner retiring, tenants on month to month.

Seller will take care of Environmental of Phase I & Phase II.

Existing business onsite of car sales and mechanical repair.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: JO 39-316
Zoning: B2
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Highway Access: Interstate 295 & 95
Airports: T.F. Green
Site Description: Flat, gravel, two buildings, trailer, auto sales, auto repair
Area Description: High traffic, established
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 6,200 SF
Property Condition: Poor
Roof Type: Flat
Parking Type: Surface
Zoning Description: B2
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Trust
Legal Description: Plat 38, Lots 136 & 137 Plat 39, Lot 316

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,394 100,901 309,501
Median Age: 41.36 37.72 34.78
Households: 5,733 39,360 114,479


Photograph of Listing Agent

Brenda L Marchwicki

BisMarc Properties, LLC ECCPN Member
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