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: $72,500
Unit Price: $68.46 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: 1/7/2022

Overview / Comments

Great 2nd floor office, flexible layout, right near elevator, join dozens of other successful businesses and offices, including Women & Infants and 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

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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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