Former "Pilgrim Screw"

Industrial for Sale
Catylist Listing ID: 30150735
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 29,548 SF
Gross Land Area: 1.40 Acres
Sale Price: $775,000
Unit Price: $26.23 PSF
Docks/Doors: 1 Dock, 2 Doors
Property Use Type: Vacant/Owner-User
Building Name: Pilgrim Screw
Usable Size (USF): 29,548 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/24/2018

Overview / Comments

The former Pilgrim Screw industrial manufacturing property is now available for purchase. This multi use facility consists of nearly 30,000sf of clean dry space and features a finished area providing private office suites, kitchen and reception. Includes 16' interior truck loading well with 12' overhead door. Wet sprinkler and fully compliant fire alarm system. Expandable security system. Climate controlled server room. New ceiling mounted gas heating units throughout. Parking for up to 50 vehicles.

Located in Providence's West End at the corner of Dexter and Sprague Streets.

Highlights:
•3 PHASE 600 VOLT SERVICE
•MULTIPLE USES
•FULLY SPRINKLERED
•AMPLE PARKING
•GAS HEAT
•LEASE BACK OPTION FOR A PORTION OF THE SPACE

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $33,870 (Annual)
Assessed Value - Total($) $922,900 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: City of Providence
Tax ID/APN: 31/63, 31/585, 31/586
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 29,548 SF
Property Condition: Good
Year Built: 1950
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Sprinklers: Wet
Volts: 600
X-Phase: 3 Phase
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 55,768 244,047 432,377
Median Age: 28.73 33.04 36.72
Households: 18,788 89,787 167,480

Contact

Photograph of Listing Agent

Jim Conway

Conway Commercial Group of WR Commercial
ECCPN Member
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