Mixed use Investment - retail with residential

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30145028
Property Subtypes: Convenience Store, Free-Standing Building, Street Retail
Status: Pending
Building Size (RSF): 3,200 SF
Gross Building Area: See Agent
Gross Land Area: 7,579 SF
Sale Price: $239,900
Unit Price: $74.97 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2018

Overview / Comments

Mixed use, 3 retail store fronts/offices, approx 600' - Barber, 800' - vacant, 700' vacant, with large 2nd floor 1 bed apt, and additional space 500+-' for expansion or office .

Great live-work space or owner occupied retail. Fully rehabbed in 2008 with new mechanical (heating systems, central air, electric service, etc.) and cosmetic upgrades (bathrooms, kitchen, etc). Busy in-town location with ample parking . Seller rehabbed strategically for flexible layout changes.
Taxes $5150. 48

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Zoning: GB
Retail Clientele: General
Property Located Between: corner of Pond St
Property Visibility: Excellent
Largest Nearby Street: Robert St
Feet of Frontage: 100
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1930
Year Renovated: 2009
Roof Type: Gable
Construction/Siding: Concrete, Wood Siding
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,960 66,785 142,039
Median Age: 38.39 41.76 42.94
Households: 7,273 28,487 57,824


Photograph of Listing Agent

Jeff Butler Team

RE/MAX Metro
ECCPN Member
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