Retail Optical/ Optomotrist

Office for Sale
Catylist Listing ID: 30353510
Property Subtypes: Medical, Office Building
Building Size (RSF): 2,715 SF
Gross Land Area: 11,400 SF
Sale Price: $339,900
Unit Price: $125.19 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Strand Optical
Class of Space: Class C
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 5/14/2019

Overview / Comments

This quality built building was built by current owners in 1973. They have had an established business since 1961, Excellent business location with high visibility. Could be used for any general office use. Possibly attorney real estate, mortgage , CPA , Etc. Currently optical occupies the upper level and the lower level is leased out for a total of $1150 per month , no utilities included. Both Tenants would like to stay if possible. Optical will be relocating upon selling of the building. The pylon sign was damaged by wind and will be reinstalled soon.
Top floor approximately 1500sf.
Zoned C-2

Property taxes $9539

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: Cranston
Tax ID/APN: CR 18-1575-0
Zoning: C2
Property Located Between: Rt 37 and Rt 2
Property Visibility: Excellent
Highway Access: a few minutes away
Airports: 15 minutes
Site Description: flat, paved lot
Area Description: Busy retail location.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,350 SF
Year Built: 1973
Roof Type: Flat
Construction/Siding: Vinyl Siding, Wood Frame
Parking Type: Structure
Parking Description: Flat surface
Sprinklers: None
Heat Type: Electricity, Oil
Heat Source: Central
Air Conditioning: Engineered System, Window Unit
Internet Access: Cable
Interior Description: 4 0ffices, waiting room, reception desk, 2 lavettes, 1 conference room and supply room.
Zoning Description: C-2
Lot Frontage: 150'
Lot Depth: 76
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: plat 18/4/1575

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,067 94,597 284,412
Median Age: 42.97 41.86 38.08
Households: 3,579 37,977 110,501


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