Nicky's Lounge

Retail-Commercial for Sale
Catylist Listing ID: 30588687
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 2,406 SF
Gross Land Area: 11,325 SF
Sale Price: $375,000
Unit Price: $155.86 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Nicky's Lounge
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/6/2020

Overview / Comments

This well-known, stand alone location called Nicky's Lounge building is 1,522 square feet on the first floor with a second floor of 884. Total building of 2,406.

Great visibility on Tiogue Avenue with a traffic count of close to 18,000 vehicles a day. Ample on-site parking.

The building could be used for numerous retail or commercial use.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Taxing Authority: Coventry
Tax ID/APN: CO 39 29.2
Retail Clientele: General, Business
Property Visibility: Excellent
Traffic/Vehicle Count: 18,000
Highway Access: To all major highways including 95, 295 and 37.
Airports: TF Green
Site Description: This level lot is mostly paved and consists of 11,325 square feet of land. It is a corner location with a short walk to Lake Tiogue.
Area Description: This stand along, high visibility building is set on Tiogue Avenue. A high traffic count road, mixed-use area with local businesses
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,522 SF
Year Built: 1933
Year Renovated: 1980
Roof Type: Flat
Construction/Siding: Wood Frame
Exterior Description: This woodframed building has a stucco facade. Building is CIRCA 1908's.
Total Parking Spaces: 40
Parking Type: Surface
Parking Description: Ample on-site parking for 30/30 cars and potentially more, if the covered courtyard/barbeque area is removed.
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: Firs floor consists of bar, pool table with an open area. Small stagee, mens and ladies room, kitchen. Second floor old bathroom, two large rooms which may have been an apartments in the past.
Water Service: Municipal
Easements Description: None known.
Legal Description: Plat 39/Lot 29/002

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,303 60,098 113,485
Median Age: 38.68 41.68 42.59
Households: 3,756 25,522 45,723

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