Industrial for sale

Industrial for Sale
Sale Pending
Catylist Listing ID: 30575726
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Research & Development, Warehouse/Distribution
Status: Pending
Building Size (RSF): 9,360 SF
Gross Building Area: See Agent
Sale Price: $750,000
Unit Price: $80.13 PSF
Ceiling: 18 ft.
Docks/Doors: 12 Doors
Drive In Bays: 1 Bay
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 6/30/2020

Overview / Comments

West Kingston Industrial park - 9,360 SF mulit-use single story manufacturing industrial use offering. Presently rented or will vacate. Great condition - centrally located close to URI/ Rt. 95. Additional acre plus building lot available. Zoned for up to 50,000 SF structure. Flexible zoning uses.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $8,289 (Annual)
Tax Value Land $173,000
Tax Value Personal Property $0
Assessed Value - Total($) $565,800 (Annual)
Potential Rental Income $75,000 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Washington
Tax ID/APN: SK 21-3:22
Highway Access: Rt. 138 to Rt. 95 (N&S) and Rt. 1 (N&S)
Airports: Green and Westerly
Site Description: Rectangular lot 100% usable, septic, town water. Additional one acre plus site available zoned for multi uses.
Area Description: West Kingston industrial park - near URI
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 9,360 SF
Property Condition: Good
Roof Type: Arched
Construction/Siding: Aluminum Siding, Brick, Steel Frame
Parking Ratio: 18 (per 1000 SF)
Parking Type: Surface
Parking Description: 15-18 Spaces on Macadam
Total Parking Spaces: 18
Amps: 400
Heat Source: Ceiling Units
Lighting: Fluorescent
Internet Access: Cable
Zoning Description: Industrial #1 40,000 SF multi uses special schools, medical, indoor sports, office % business services, general business services, construction services, warehouse, self storage, retail trade, auto and marine cell tower, food products, textile, wood products, chemical, medical products, jewelry and art & crafts.
Lot Frontage: 160
Lot Depth: 274
Easements Description: None known
Land Ownership: Family Trust
Legal Description: Plat 21-3, lot 22

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,264 14,684 44,474
Median Age: 45.09 33.15 40.31
Households: 803 3,437 15,180

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