RETAIL PROPERTY FOR SALE

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30622183
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 6,700 SF
Gross Land Area: 23,600 SF
Sale Price: $359,900
Unit Price: $53.72 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 8.5%
Last Updated: 11/21/2020

Overview / Comments

FORMER MEADOW CREST RX AND TWO OTHER RETAIL STORE FRONTS. FORMER PHARMACY IS 4277 SQ. FT. WITH BASEMENT.
PLUS 2-1290 SQ. FT. STORES.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $12,112 (Annual)
Assessed Value - Total($) $501,000 (Annual)
Gross Operating Income $48,000 (Annual)
Net Operating Income $31,218 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: EP 411-080-74.00
Zoning: C2
Largest Nearby Street: WILLETT AVENUE
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1960
Construction/Siding: Block
Heat Type: Natural Gas
Zoning Description: C2
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,255 84,508 295,850
Median Age: 43.85 40.25 36.27
Households: 6,266 33,361 112,981

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