High Traffic Automotive Building
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30705353 |
| Property Subtypes: |
Free-Standing Building, Street Retail, Vehicle Related
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
2,450 SF
|
| Gross Land Area: |
0.53 Acres
|
| Sale Price: |
$349,900 |
| Unit Price: |
$142.82 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
2,450 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/10/2021 |
Overview / Comments
Hi traffic retail business location on Providence Street. Building consists of 4 overhead bay doors, two 10' and two 12', retail counter and private office. Over half acre site with multiple uses. The building is currently heated by ceiling hung Modine oil heaters. There is natural gas connected to the building making an easy conversion to gas heat. Newly paved parking lot. Roof was replaced with all new rubber membrane in 2015. Security alarm in place. Tire balancer, mounting and inspection machines included in the price.
DO NOT VISIT THIS PROPERTY WITHOUT SCHEDULING AN APPOINTMENT WITH LISTING AGENT. THIS IS AN OPERATING BUSINESS. EMPLOYEES ARE NOT TO BE SPOKEN TO. ANYONE FOUND TO BE VIOLATING THIS NOTICE WILL BE DISQUALIFIED FROM NEGOTIATING A PURCHASE.
|
Financials
| Finance Data Year |
2020 |
| Real Estate Taxes - Annual($) |
$6,317 (Annual) |
| Tax Value Land |
$81,800 |
| Tax Value Improvements |
$113,000 |
| Assessed Value - Total($) |
$194,800 (Annual) |
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Kent |
| Taxing Authority: |
Town of West Warwick |
| Tax ID/APN: |
WW 026-0031-0-000 |
| Zoning: |
B |
| Retail Clientele: |
General, Family, Business |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Bald Hill Road (Rt.2) |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
2,450 SF |
| Property Condition: |
Good |
| Year Built: |
1952 |
| Year Renovated: |
2010 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Heat Type: |
Natural Gas, Oil |
| Heat Source: |
Ceiling Units |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,213 |
74,285 |
164,064 |
| Median Age: |
39.01 |
41.58 |
42.49 |
| Households: |
5,927 |
30,485 |
67,289 |
|
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