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): |
3,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
5 Acres
|
| Sale Price: |
$408,000 |
| Unit Price: |
$136 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: |
2/15/2021 |
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 |
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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