on way to Rocky Point

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30650618
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Status: Pending/Contingent
Building Status: Proposed
Building Size (RSF): 1,200 SF
Gross Land Area: 7,405 SF
Sale Price: $139,900
Unit Price: $116.58 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Shear Perfection & A Room to Groom Bldg.
Usable Size (USF): 1,200 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/30/2021

Overview / Comments

Retail Duplex, great for owner-occupant...Owner-Occupant Shear Perfection retired so that side is vacant. Easy Salon as-is... or could be Convenience Store, Ice Cream / Frozen Deserts, Smoke Shop, Bakery, Massage Therapy, Yoga or ???
Tenant Dog Groomer is month to month, considering retirement also, 25 year business is for sale. New owner of Grooming business MAY want lease at discretion of new building owner. Currently $750 mo plus 1/2 of gas, sewer, water. 2 zone gas baseboard heat. Separate electric meters. No basement, slab on grade. One shared handicap access bathroom. Plumbing could accommodate 2nd.
Great location on way Rocky Point and Harbor Lights & Winstead's Marinas, Bus stop right across street. Great traffic; strong, dense high income demographic.
Total Assessment: $127,100, Property Taxes: $3,571.51
Parcel ID - Plat 379/ Lot 0339
City sewer/water. NGrid gas.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Tax ID/APN: WK 379 339
Zoning: GB
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Meadow View
Feet of Frontage: 100
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 1988
Roof Type: Gable
Construction/Siding: Wood Frame, Wood Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Package Unit
Interior Description: 1/2 Salon, 1/2 Dog Groomer
Zoning Description: Gen Business
Lot Frontage: 100
Lot Depth: 75
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,037 37,666 126,879
Median Age: 40.87 42.35 43.51
Households: 2,732 15,291 51,287


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