Catylist ID: #30478008
REDUCED: Waterfront Investment/Owner Occupier Opportunity
Retail-Commercial for Sale
Sale PendingAlso listed as Industrial, Special Purpose
|Catylist Listing ID:||30478008|
|Property Subtypes:||Mixed Use, Street Retail|
|Building Size (RSF):||12,298 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$48.38 PSF|
|In Opportunity Zone?||Yes|
|Property Use Type:||Net Leased Investment (NNN), Investment, Vacant/Owner-User|
|Sale Terms:||Cash to Seller, Owner Financing|
Overview / Comments
Tightly Held Leasehold Marine Facility located in the high demand port of Galilee in Southern Narragansett. Currently serving the Lobster industry, but previously has uses including an Ice house, and commercial fishing with its unparalleled access to Port Judith and the Atlantic Ocean.
This property is also located within the Galilee area, as a Federally Designated Opportunity Zone, created by the Tax Cuts and Jobs Act of 2017.
Unique opportunity for an owner occupier or savvy investor with current income and short term leases in place, Land is leased from State of RI.
In the center of the commercial and retail area of Galilee, and adjacent to the Summer heartbeats of Port Judith and Narragansett, this location is only 45 minutes from the City of Providence and 30 minutes from Newport in Rhode Island
Attachments & Media
|Tax ID/APN:||NA IG 204 D|
|Proximity:||1 mile||3 miles||5 miles|
Michael A AlvesKeller Williams Realty Leading
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