Strip Mall Investment Opportunity

Shopping Center for Sale
Catylist Listing ID: 30700328
Property Subtypes: Strip Center
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.57 Acres
Sale Price: $394,999
Unit Price: $79 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/19/2021

Overview / Comments

Investment opportunity!!!

Now Available Local strip mall of approximately 5 Retail spaces 1000 SF each , has long term tenants already established in 2 of the 5 units.
Parking lot has recently been updated and roof is under 4 years old.
Potential seller financing for qualified buyer.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Taxing Authority: Warwick
Tax ID/APN: WK 363 857
Zoning: GB
Retail Clientele: General
Property Visibility: Fair
Largest Nearby Street: West Shore Road
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1971
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 3 Spaces in front of each unit with additional parking (10+) closer to the main road.
Sprinklers: Other
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Package Unit
Zoning Description: GB
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,454 70,878 169,544
Median Age: 42.27 43.13 43.32
Households: 5,063 28,807 69,941

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