566 Putnam Pike, Smithfield, RI 02828

Retail-Commercial for Sale
Catylist Listing ID: 30363818
Property Subtypes: Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 4,915 SF
Gross Building Area: See Agent
Sale Price: $749,900
Unit Price: $152.57 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/3/2019

Overview / Comments

Great Opportunity to Own This Beautiful Retail Building !! For Sale and Located in a Heavily Traveled Shopping District at the Intersection of Putnam Pike (Rte 44) and Pleasant View Blvd / Traffic Light Controlled Intersection. A Successful Restaurant Currently Occupies 3 of the 4 Units that Total 4,915 Sqft of Prime Retail Space. There is a Total of 30 Parking Spaces with a Lot Size 0.29 AC. This Property is Very Visible and Surrounded by Many Popular Business. Restaurant Equipment is Included in the Sales Price and Conveys with the Property.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: SM 6-54
Retail Clientele: General
Property Located Between: Newport Creamery and North Paws Veterinary Center.
Property Visibility: Excellent
Largest Nearby Street: Pleasant View Boulevard
Highway Access: Rte 295
Airports: TF Green Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1945
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Total of 30 Parking Spaces. Easement Agreement for 15 Spaces Located In Rear of Building.
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Easement is Granted for Additional Parking In Rear of Building.
Land Ownership: Owned
Legal Description: Plot 06 / Lot 054

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,652 27,367 108,290
Median Age: 47.59 45.37 41.23
Households: 3,048 11,007 42,032

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