606 Ten Rod Rd _ Rt 102 Wickford

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30638904
Property Subtypes: Flex Space, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 14,500 SF
Gross Land Area: 1.06 Acres
Sale Price: $849,000
Unit Price: $58.55 PSF
Ceiling: 12 ft.
Office SF: 5,000 SF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 14,500 SF
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 5/11/2021

Overview / Comments

Well maintained converted owner-occupied mill building with mixed-use multiple tenants. Can be owner occupied and/or income investment. Current owner occupies nicely done office space on top (2nd) floor, will lease-back at favorable rate/terms. Has 6 or 7 additional tenant spaces. ~Appox. $125,000 income. $34,000 expenses incl taxes, ins, water, snow, utilities and repairs 2019.
~Basement has direct-ramped access - with Upholsterer. Wickford Picture Frame shop and showroom, ,and 2000 +- is vacant/storage.
~1st floor is Fabric Gallery (retail) and Colonial Knife (lt Ind).
~2nd floor is Lightship Group and Artist .
~Has backup generator, 4 gas and 4 electric meters. parking could be expanded to the east.

Additional Details

Nearest MSA: Providence-Warwick
County: Washington
Tax ID/APN: NK 027-021
Property Located Between: behind 610 Ten Rod Rd
Highway Access: Rt 4 to Rt 102 east
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Property Condition: Good
Year Built: 1877
Year Renovated: 1986
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: Wet
Amps: 400
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: PBD
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,538 16,661 35,871
Median Age: 43.2 44.17 43.99
Households: 1,015 6,892 13,729


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