1590 Post Rd

Retail-Commercial for Sale
Catylist Listing ID: 30345394
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail
Building Size (RSF): 14,950 SF
Gross Land Area: 33,107 SF
Sale Price: $1,050,000
Unit Price: $70.23 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Gilmore Furniture
Usable Size (USF): 22,143 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/19/2021

Overview / Comments

Currently a long standing furniture store. Next to Cumberland Farms new store at the intersection of Rt 1 and Rt 37. Could be used for a variety of uses.
Renderings are a few ideas that could be done.
Has a 7000 ' basement showroom as well. Possible lease back of agreed upon space for a developer. or end user that doesn't need all the space.
Open for discussion. Will Lease for $10,000 monthly NNN 13,700sf, Lets talk!

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Tax ID/APN: WK 310 266
Retail Clientele: General
Property Located Between: Rt 37 and Airport Rd
Largest Nearby Street: Rt 37 and Rt 1 Post Road
Traffic/Vehicle Count: 46,865
Highway Access: 1/2 block away
Airports: 1/4 mile away
Site Description: flat , boarders 3 streets
Area Description: Very busy retail road with high traffic count..
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1960
Construction/Siding: Block
Total Parking Spaces: 20
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: wide open except for 1500sf that is rented out month to month.
Zoning Description: g
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee simple
Legal Description: Plat 310 lot 266

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,033 102,728 266,707
Median Age: 40.5 42.78 39.78
Households: 2,946 41,921 105,703


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