Catylist ID:
#30545272
Great Retail W. Warwick Excellent Condition (Restaurant Separate)
Retail-Commercial
for Sale
| Catylist Listing ID: | 30545272 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant, Other |
| Building Size (RSF): | 3,075 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $439,900 |
| Unit Price: | $143.06 PSF |
| Property Use Type: | Investment, Vacant/Owner-User, Business |
| Building Name: | 45 Quaker Lane |
| Usable Size (USF): | 3,075 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 7/29/2021 |
Overview / Comments
|
FOR SALE is a 2-Unit commercial building constructed in 1987, currently housing 1. a restaurant (operated by owners) and 2. a salon. The building is available ONLY in conjunction with the successful Miss Cranston Diner, though the restaurant is available separately ($185k), at the current rent. RENTS Restaurant $3500.00* Salon $1300.00 TTL $4800.00 Please call to discuss with Pete or Frank anytime. *RESTAURANT AVAILABLE SEPARATELY (WITH LIQUOR LICENSE). Currently being operated very successfully by building owners. |
Additional Details
| Nearest MSA: | Providence-Warwick |
| County: | Kent |
| Taxing Authority: | West Warwick |
| Tax ID/APN: | WW 027-0523-0-000 |
| Zoning: | B |
| Retail Clientele: | General, Family, Business, Other |
| Property Located Between: | Rt. 2 Bald Hill Rd. and Rt. 117 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Rt. 2 Bald Hill Rd. |
| Feet of Frontage: | 78 |
| Highway Access: | Easy access to Rt. 2, Rt. 95, Rt. 4. |
| Airports: | PVD |
| Site Description: | Tax Card: https://nereval.com/PropertyDetail.aspx?town=West%20Warwick&accountnumber=8354&card=1 |
| Area Description: | High-traffic area. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 1987 |
| Construction/Siding: | Brick |
| Exterior Description: | L-shaped building housing 2 commercial units, fronting Quaker Ln. |
| Total Parking Spaces: | 25 |
| Parking Type: | Surface |
| Parking Description: | Adjacent: 23-25 vehicles. Addl parking behind bldg. |
| Interior Description: | 1. Restaurant 2. Salon |
| Zoning Description: | Tax Card: https://nereval.com/PropertyDetail.aspx?town=West%20Warwick&accountnumber=8354&card=1 |
| Land Ownership: | Owners |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,071 | 76,797 | 148,895 |
| Median Age: | 45.19 | 42.13 | 42.58 |
| Households: | 3,650 | 33,192 | 60,378 |
Contact
Peter ElliottPrime Time Properties, Inc.ECCPN Member 
Frank S MielePrime Time Properties, Inc.ECCPN Member |
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