Royal Mills/Riverpoint Plaza

Retail-Commercial for Lease
Catylist Listing ID: 29968207
Property Subtypes: Convenience Store, Day Care Facility, Mixed Use, Street Retail
Contiguous Space: 1,000 - 7,000 SF
Total Available: 6,900 SF
Gross Building Area: 14,000 SF
Lease Rate: $10,800 - 58,800 (Annual)
$5.40 - 12 PSF (Annual)
Base Monthly Rent: $900 - 4,900
Lease Types: Modified Gross
Ceiling: 9 ft.
In Opportunity Zone? Yes
Building Name: Houle Bldg
Last Updated: 5/19/2020

Overview / Comments

Well located on busy street in heavily populated area. Between Town Hall and Royal Mills. Rear of units face high above the Pawtuxet River. opposite House of Wu and next to New Westcott Pizza
Units 6,7, & 8 comprise 3 storefront entrances, can be subleased by tenant, 1 electrical panel and 1 gas meter for all, so main tenant is responsible to pay entire bill for electric and gas. 4 new HVAC systems, 13 ton total. 200 amp 3 phase on property. Clean open space with 3 bathrooms and kitchen area.
Units 5 & 6 are adjacent and month to month, so up to 7,000 sq ft contiguous could be made available.
Would consider sale to owner/ user of entire 14,000' plaza, at $1.2 M. Won't work well for investor due to large vacancy.
Great for pool hall, laundry mat, offices, medical, car parts, or any retail shop...

Expand All 2 Spaces Available

Suite: 4,5,6,7,8 4,900 SF $10 - 12 PSF (Annual) Modified Gross
Suite: in line 2,000 SF $900 - 1,800 (Monthly) Modified Gross

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Tax ID/APN: WW 017-0134-0-000
Zoning: OFFICE OR GENERAL BUSINESS
Retail Clientele: General, Family
Property Located Between: Royal Mills and Artic
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Roof Type: Gable
Construction/Siding: Metal/Glass
Parking Ratio: 41 (per 1000 SF)
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,953 72,378 153,829
Median Age: 38.43 41.64 42.7
Households: 7,056 30,949 63,073

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