2 Amherst Street

Industrial for Sale
Sale Pending
Catylist Listing ID: 30215020
Property Subtypes: Cold Storage, Food Processing, Free-Standing, Warehouse/Distribution
Status: Pending
Building Size (RSF): 9,133 SF
Gross Land Area: 7,405 SF
Sale Price: $320,000
Unit Price: $35.04 PSF
Ceiling: 12 ft. / 10 ft. Clear
Docks/Doors: 2 Docks, 2 Doors
Office SF: 200 SF
Property Use Type: Investment
Building Name: 2 Amherst Street
Usable Size (USF): 9,133 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 4/19/2019

Overview / Comments

Located in the heart of Olneyville neighborhood of Providence . This area is being redeveloped with new business along with a number of former mill buildings being renovated into residential, units professional space and retail.
Many new bars and restaurants have also located in this area.

The building consists of two floors the first floor is 5290 square feet of open warehouse space also a small office and rest room.

First floor has a 1000 square foot freezer along with a 800 sq.ft foot walk in cooler.

The second floor is also open warehouse of 3843 square feet and has a restroom as well.

Building is serviced by a freight elevator

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: Providence
Tax ID/APN: Plat 33 Lot 455
Zoning: M-MU-75``
Property Located Between: Atwells and plainfield
Highway Access: RT 10 ,Rt 6 along with 295 and 95 are all close by.
Airports: T F Green Airport
Site Description: Parking for 6 or 7 vehicles
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,290 SF
Property Condition: Fair
Year Built: 1950
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Block building
Parking Type: Structure
Parking Description: On site
Total Parking Spaces: 7
Freight Elevators: 1
Heat Type: Natural Gas, Space Heaters
Heat Source: Wall Units
Air Conditioning: Window Unit
Lighting: Fluorescent
Internet Access: Cable
Interior Description: 2 floor first is 5290 sq. ft and second floor is 3843
Zoning Description: M-MU-75
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 55,233 253,892 458,873
Median Age: 29.22 33.24 36.3
Households: 19,553 94,577 178,280

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