Signalized Intersection on Mineral Spring
Retail-Commercial
for Sale
| Catylist Listing ID: |
30321005 |
| Property Subtypes: |
Street Retail
|
| Building Size (RSF): |
16,000 SF
|
| Sale Price: |
$1,300,000 |
| Unit Price: |
$81.25 PSF |
| Ceiling: |
12 ft. |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Average Occupancy Rate: |
90 |
| Last Updated: |
12/14/2019 |
Overview / Comments
Landmark North Providence location at a signalized intersection. Could be a nice investment property with retail and personal-service tenants, furniture store etc. Plenty of off street parking.
Do not disturb tenants.
|
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Providence |
| Taxing Authority: |
Town of North Providence |
| Tax ID/APN: |
NPROM:5L:748 |
| Retail Clientele: |
General |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Mineral Spring Ave |
| Feet of Frontage: |
100 |
| Traffic/Vehicle Count: |
26,000 |
| Highway Access: |
Minutes from Route 146 |
| Airports: |
North Central is within 12' drive and TF Green is within 20' drive. |
| Site Description: |
Street retail with paved parking along the side and behind the building. |
| Area Description: |
Mineral Spring Ave is the main retail arterial in North Providence. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
8,000 SF |
| Property Condition: |
Good |
| Year Built: |
1980 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Exterior Description: |
Cement block exterior with a rubber membrane, flat, roof. Street side of the building has large "showroom windows". Loading dock in rear. |
| Total Parking Spaces: |
40 |
| Parking Type: |
Surface |
| Parking Description: |
Striped, along the side and behind the building. |
| Freight Elevators: |
1 |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
DSL |
| Interior Description: |
Upper level is designed to support a retail store tenant. Lower level is demised for smaller personal-service tenants. |
| Zoning Description: |
General Business - Retail |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
18,544 |
188,046 |
394,363 |
| Median Age: |
42.5 |
34.79 |
35.4 |
| Households: |
8,174 |
71,637 |
150,599 |
|
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