Blair Property

Retail-Commercial for Sale
Catylist Listing ID: 28856445
Property Subtypes: Car Wash, Garden Center, Parking Facility, Retail-Pad, Street Retail
Building Size (RSF): 2,263 SF
Gross Land Area: 47,046 SF
Sale Price: $275,000
Unit Price: $121.52 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2018

Overview / Comments

Development opportunity ! Collect rents while you decide what project you may wish on this 1 acre + square foot lot. Ideal site for waterfront condos as this site is right on Lake Tiogue. The 3 unit home on the site is in very good condition. Rental net income in 2016 was $21,775 after all expenses. Site good for retail, residential condo units, pad site., possible drive thru. There is additional property available adjacent with this and another 3 family home. Lets discuss the possibilities!

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Market Type: Medium
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Transportation: Highway
Highway Access: Rt 95 7 minutes away.
Airports: Green State Airport is 20 minutes away.
Site Description: Flat land adjacent to Lake Tiogue. Currently has a 3 unit home on the site. Can keep and continue renting or use part of the site for development.
Area Description: High traffic area.
Lot Frontage: 500'
Legal Description: Plat 38Lot 1

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,161 58,187 106,499
Median Age: 40.71 41.05 42.38
Households: 2,446 24,135 42,552

Contact

© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Coast Commercial Property Network nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.