1050 Main Street #23 EG
Office
for Sale
| Catylist Listing ID: |
30477268 |
| Property Subtypes: |
Business Park, Mixed Use
|
| Building Size (RSF): |
1,059 SF
|
| Gross Building Area: |
20,000 SF |
| Gross Land Area: |
2 Acres
|
| Sale Price: |
$75,000 |
| Unit Price: |
$70.82 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
Greenwich Village Condominiums |
| Class of Space: |
Class C |
| Sale Terms: |
Owner Financing |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
1/19/2021 |
Overview / Comments
Great 2nd floor office, right near elevator, join dozens of other successful businesses and offices, including Ritrovo Restaurant (www.ritrovopub.com) . Land is in Warwick & East Greenwich, straddles the line, at the corner of Forge Rd (Post & Main), opp Cedar St.
New HVAC and water heater in this unit!
Owner will consider Lease Option.
Major renovations and $1 million in upgrades going on, resulting in assessments to condo fee's while 15 yr loan paid by association fees. so CF currently at $634 mo, 2/3 of work done, once $1 mil is reached goes to $734 mo. Taxes approx. $200 mo (EG & Warw combined)
|
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Kent |
| Tax ID/APN: |
WK 210 1 |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Year Built: |
1985 |
| Year Renovated: |
2017 |
| Roof Type: |
Gable |
| Construction/Siding: |
HardiePlank Siding, Wood Frame, Wood Siding |
| Heat Type: |
Other |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,518 |
39,873 |
115,803 |
| Median Age: |
44.34 |
44.78 |
42.26 |
| Households: |
2,161 |
17,257 |
48,058 |
|
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