1035-1039 Douglas Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30277072
Property Subtypes: Mixed Use
Building Size (RSF): 14,616 SF
Sale Price: $1,595,000
Unit Price: $109.13 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2018

Overview / Comments

Multi-building and land consortium offered together for immediate transfer. Seller has preliminary plans engineered for possible development opportunity with 4 points for drive thru and parking. This plan would include keeping the existing multi-use building intact. All units are currently occupied with tenants.

1- 5,300 sf mixed use building containing (2) restaurants and (3) residential units
1-single family (4) beds
1- Two family (4) beds
2- Three family (6) beds each
3-undeveloped lots .24 acre lot runs from Branch to Douglas (08 and .09 are contiguous) on Douglas

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Retail Clientele: General, Family, Business
Property Located Between: Douglas and Branch Avenue
Property Visibility: Excellent
Airports: TF Green
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Number of Stories: 3
Typical SF / Floor: 1,462 SF
Property Condition: Average
Year Built: 1920
Total Parking Spaces: 50
Parking Type: Surface
Zoning Description: C2 General Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 30,017 224,399 422,942
Median Age: 34.4 34.2 35.45
Households: 10,963 86,380 161,512

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