1015 Sandy Lane

Retail-Commercial for Sale
Catylist Listing ID: 30194156
Property Subtypes: Convenience Store, Free-Standing Building, Street Retail
Building Size (RSF): 1,499 SF
Gross Land Area: 20,037 SF
Sale Price: $750,000
Unit Price: $500.33 PSF
Ceiling: 10 ft.
Property Use Type: Investment
Building Name: 1015 Sandy Lane
Usable Size (USF): 1,499 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 6/26/2018

Overview / Comments

Well located, fully operational gas station and convenience store. Clean and modern building and in a great location. Lottery, gas services and UPS drop-off center and many profit centers.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Retail Clientele: General
Property Located Between: Strawberry Field Road and Sandy Lane.
Property Visibility: Excellent
Largest Nearby Street: Strawberry Field
Highway Access: Building is set close to all major roadways in Warwick. Minutes to RI 37 and 95.
Airports: TF Green Airport.
Site Description: Flat level lot of 20,037 square feet. Adequate on-site parking. Site has access from three roads: Sandy Lane, Alfred and Clorane Streets.
Area Description: Located in a high traffic area of Warwick. This smoke shop/gas station is located behind Burger King and TD Bank. Minutes to Thayer Arena. Growing Area!
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,499 SF
Property Condition: Excellent
Year Built: 1964
Roof Type: Flat
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Building wall is vinyl/aluminum. Site is clean, neat modern and in a well-lit area.
Parking Type: Surface
Parking Description: Adequate on-site parking.
Sprinklers: None
Heat Type: Oil
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Wide open retail space, built-in cooler, restrooms and mechanical room.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Plat 349 Lot 130

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,683 68,180 162,535
Median Age: 42.16 42.67 43.5
Households: 5,471 26,988 67,345


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