Commercial Automotive/Multi Use Building

Industrial for Sale
Catylist Listing ID: 30284258
Property Subtypes: Flex Space, Free-Standing, Light Industrial
Building Size (RSF): 12,300 SF
Gross Land Area: 1.08 Acres
Sale Price: $825,000
Unit Price: $67.07 PSF
Drive In Bays: 14 Bays
Property Use Type: Vacant/Owner-User
Usable Size (USF): 12,300 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/11/2018

Overview / Comments

Commercial industrial building ideally suited for all automotive uses from car dealer, automotive repair, auto body shop, car wash and more. Offering over 1 acre of land on 4 contiguous lots. With this amount of frontage, this property could easily be redeveloped into many varying retail uses. Also offers the option of being multi tenanted with separate sub sections within the building.
Options galore.

Highlights:
*GREAT AUTOMOTIVE DEALER/AUTO REPAIR FACILITY
*TOTAL OF 1.08 ACRES OF LAND ON ROUTE 7 (DOUGLAS AVENUE)
*UNLIMITED REDEVELOPMENT OPPORTUNITIES
*SOLID MASONRY BUILDING

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $19,480 (Annual)
Tax Value Land $260,500
Tax Value Improvements $270,300
Assessed Value - Total($) $530,800 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: City of Providence
Tax ID/APN: PROV-00123-000000-000519, 000521, 000030, 000031
Zoning: C1
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1940
Year Renovated: 2014
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Structure
Total Parking Spaces: 40
Heat Type: Natural Gas
Heat Source: Ceiling Units
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 38,909 250,009 428,793
Median Age: 32.26 33.71 35.74
Households: 14,121 95,388 165,500

Contact

Photograph of Listing Agent

Jim Conway

Conway Commercial Group of WR Commercial
ECCPN Member
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