HUGE PRICE REDUCTION! Masonry Building w/Full Basement
Retail-Commercial
for Sale
| Catylist Listing ID: |
30628385 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Street Retail
|
| Building Size (RSF): |
2,800 SF
|
| Gross Building Area: |
5,100 SF |
| Gross Land Area: |
0.26 Acres
|
| Sale Price: |
$390,000 |
| Unit Price: |
$139.29 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Gaipo Meat Market |
| Usable Size (USF): |
2,800 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/20/2021 |
Overview / Comments
|
Solid masonry single story building on South Broadway. This building has been the home to Gaipo's Meat Market for over 30 years. Business is available for purchase or building can be purchased separately. Ideal high traffic retail location and just minutes off Route 195. The building has a full dry basement with steel beam construction that is equipped with sprinklers. Parking for 15-20 vehicles. Currently equipped with a 4' hood and Ansul system, 3 bay sink, walk in cooler and freezer, display cases and much more.
|
Financials
| Finance Data Year |
2019 |
| Real Estate Taxes - Annual($) |
$8,212 (Annual) |
| Tax Value Land |
$123,600 |
| Tax Value Improvements |
$200,600 |
| Assessed Value - Total($) |
$324,200 (Annual) |
| Actual or Proforma Year |
Actual |
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Providence |
| Taxing Authority: |
City of East Providence |
| Tax ID/APN: |
EP 207-120-13.00 |
| Zoning: |
C2 |
| Retail Clientele: |
General, Family, Business |
| Property Located Between: |
Warren Avenue and Veterans Parkway |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Warren Avenue |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
2,800 SF |
| Property Condition: |
Excellent |
| Year Built: |
1991 |
| Roof Type: |
Arched |
| Construction/Siding: |
Block |
| Total Parking Spaces: |
15 |
| Parking Type: |
Surface |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
19,643 |
152,156 |
395,337 |
| Median Age: |
38.36 |
34.48 |
36.04 |
| Households: |
8,495 |
58,837 |
150,882 |
|
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