161-175 Manton Ave.

Retail-Commercial for Sale
Catylist Listing ID: 30122833
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Other
Building Size (RSF): 7,295 SF
Gross Land Area: 11,712 SF
Sale Price: $949,000
Unit Price: $130.09 PSF
Ceiling: 12 ft.
Property Use Type: Business
Usable Size (USF): 7,295 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: 10.0%
Average Occupancy Rate: 95
Last Updated: 7/6/2018

Overview / Comments

Unique opportunity to own substantial mixed used property in the heart of Olneyville redevelopment district.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: Providence
Retail Clientele: General, Family, Business, Recreation, Other
Property Located Between: Julian St. and Florence St.
Property Visibility: Excellent
Largest Nearby Street: Atwells Avenue
Traffic/Vehicle Count: 20,000
Highway Access: yes
Site Description: Mostly single level structure with 2nd floor residential. Parking in rear.
Area Description: Busy urban redevelopment district. High traffic.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1940
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Brick/Vinyl Siding
Exterior Description: Store fronts.
Total Parking Spaces: 15
Parking Ratio: 2 (per 1000 SF)
Parking Type: Surface
Parking Description: Parking in rear of building.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Baseboard, Ceiling Units
Air Conditioning: Window Unit
Zoning Description: Retail / mixed used.
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 57,317 248,339 445,910
Median Age: 28.68 33.43 36.14
Households: 19,281 92,236 172,934


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