The Blount Building
Retail-Commercial
for Sale
| Catylist Listing ID: |
30793526 |
| Property Subtypes: |
Free-Standing Building, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
4,487 SF
|
| Gross Building Area: |
9,114 SF |
| Sale Price: |
$675,000 |
| Unit Price: |
$150.43 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Building Name: |
The Blount Building |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage, Owner Financing, Sale/Leaseback |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/19/2022 |
Overview / Comments
Welcome to the Fishing Village of Galilee, hosting the Waterfront Restaurant/Tavern now available to purchase with 20-Year, Seller Lease back for long term Charter Fishing Fleet... The 2nd floor unit is available for lease and/or new owner use! Previous 4487 sq ft Waterfront Restaurant/Tavern with local Commercial and Charter Fishing community provides year-round support for your business. Flexible lease terms and build-out time will ensure a 2022 profitable summer season. Owner Financing Available... Easy show... Short notice OK!
|
Financials
| Finance Data Year |
2021 |
| Real Estate Taxes - Annual($) |
$5,679 (Annual) |
| Tax Value Land |
$0 |
| Potential Rental Income |
$72,000 (Annual) |
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Washington |
| Tax ID/APN: |
NA IG 96 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,893 |
10,717 |
21,814 |
| Median Age: |
44.35 |
42.86 |
42.91 |
| Households: |
871 |
4,620 |
9,378 |
|
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