Middletown Building For Sale

Office for Sale
Sale Pending
Catylist Listing ID: 30360921
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 4,800 SF
Gross Building Area: See Agent
Gross Land Area: 43,124 SF
Sale Price: $695,000
Unit Price: $144.79 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/28/2018

Overview / Comments

Fantastic opportunity to own your own headquarters instead of renting. Extremely creative interior is supported by expansive parking lot. Ideal setting off the road yet excellent street front signage. Building features open kitchen and bathrooms with showers. The property has been used as office space for both commercial and defense firms and formerly housed a Montessori School. The layout of the building makes obtaining lease income from space you don’t use very appropriate. This property is ideal for the SBA 504 financing which offers owner users 10% down options. Lease plans are also available.

Additional Details

Nearest MSA: Providence-Warwick
County: Newport
Tax ID/APN: MI 113 117

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,065 39,379 55,451
Median Age: 43.8 41.03 42.01
Households: 4,335 17,134 23,380

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