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

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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

Contact

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