215 Toll Gate Road, Suite 206A

Office for Sale
Catylist Listing ID: 30455157
Property Subtypes: Business Park, Executive Suites, Medical, Office Building
Building Size (RSF): 35,000 SF
Gross Building Area: See Agent
Gross Land Area: 5 Acres
Sale Price: $408,000
Unit Price: $11.66 PSF
Property Use Type: Investment
Building Name: Gate Medical Center
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/17/2020

Overview / Comments

Investment opportunity! This unit is leased to a long term surgical tenant.
Building is fully occupied with medical users, however, the condo association recently allowed use to include other professional services such as legal, CPA, etc.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Tax ID/APN: WK 246 182
Zoning: O
Area Description: Tollgate Road is dominated by medical service providers given the presence of Kent County Hospital.
Total Number of Buildings: 1
Number of Stories: 3
Roof Type: Flat
Exterior Description: Entire building recently had windows, roof and HVAC replaced. Excellent condition inside and out.
Parking Type: Surface
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: O
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,669 73,855 181,419
Median Age: 44.59 42.36 42.68
Households: 4,073 30,924 74,170

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