Catylist ID:
#30465149
5 unit Plaza at Rt 95 exit 6, Rt 3
Retail-Commercial
for Sale
| Catylist Listing ID: | 30465149 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Retail-Pad, Street Retail |
| Building Size (RSF): | 5,300 SF |
| Gross Land Area: | 2.20 Acres |
| Sale Price: | $585,000 |
| Unit Price: | $110.38 PSF |
| Has Drive-Thru? | Yes |
| Property Use Type: | Investment |
| Building Name: | Community Bruin Brewery fka Tim Hortons Plaza |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 1/14/2021 |
Overview / Comments
|
Two buildings; former Tim Horton (Bruin Co) Drive-Thru is now vacant 1600 sq ft, Great for owner /occupant with income. Separate 3700' plaza with 4 tenants, Piecing with Poppers Quilt Center, Quilt Classroom Wood Geeks Closets, Salon. Very well maintained, many recent improvements, good tenants. On Rt 3, Just 1/4 mile North of Rt 95 exit 6. 2019 - Assessed at $683,300, Taxes $16,515. Gross Income $69,000 DO NOT SPEAK WITH TENANTS, ALL CONTACT THRU AGENT / JEFF |
Attachments & Media
Additional Details
| Nearest MSA: | Providence-Warwick |
| County: | Kent |
| Zoning: | HIGHWAY BUSINESS |
| Retail Clientele: | General |
| Property Located Between: | at Rt 95 exit 6 Rt 3 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Rt 3 & Rt 95 |
| Highway Access: | 30 seconds from 95 |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 2 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 1995 |
| Year Renovated: | 2016 |
| Roof Type: | Gable |
| Construction/Siding: | Brick/Vinyl Siding |
| Total Parking Spaces: | 20 |
| Parking Type: | Surface |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Zoning Description: | hwy bus |
| Water Service: | Municipal |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,242 | 15,328 | 67,879 |
| Median Age: | 59.28 | 46.03 | 41.38 |
| Households: | 636 | 6,210 | 27,044 |
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