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.
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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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