"Opportunity Zone" Refrigeration Building PRICE REDUCTION

Industrial for Sale
Sale Pending
Catylist Listing ID: 30402088
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Warehouse/Distribution
Status: Pending
Building Size (RSF): 15,600 SF
Gross Building Area: 27,900 SF
Gross Land Area: 25,036 SF
Sale Price: $495,000
Unit Price: $31.73 PSF
Docks/Doors: 2 Doors
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Former Cala Fruit Distribution
Usable Size (USF): 15,600 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 6/29/2020

Overview / Comments

Solid brick cold storage/refrigeration building with over 15,000sf on 2 floors plus 10,000sf basement. Offices, conference room, lunch room and room for much more. Equipped with an Artesian Well.
NOTE: THIS PROPERTY SITS IN ONE OF PAWTUCKETS OPPORTUNITY ZONE AREAS.

Located in the center of Pawtucket's Redevelopment District at the corner of Dexter Street and Goff Avenue. A block from the new Pawtucket Train Station site. Just minutes to Rt. 95.

Highlights:
•3 PHASE 400 AMP ELECTRIC 440 VOLT
•FREIGHT ELEVATOR
•10,000 OF BASEMENT STORAGE AREA
•REFRIGERATED SPACE IDEAL FOR FOOD DISTRIBUTION
•MARQUIS SIGNAGE
•MINUTES TO HIGHWAY

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $12,237 (Annual)
Tax Value Land $83,800
Tax Value Improvements $280,300
Assessed Value - Total($) $364,100 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: City of Pawtucket
Tax ID/APN: 44/0509
Zoning: CD
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1922
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 15
Freight Elevators: 1
Amps: 400
Volts: 440
X-Phase: 3 Phase
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 45,453 180,408 355,573
Median Age: 32.21 36.61 36.04
Households: 17,423 71,197 137,892

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