Aquidneck Land - Lot 87 &89

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30294759
Property Subtypes: Agricultural, Office, Retail, Retail-Pad, Self Storage
Status: Pending/Contingent
Gross Land Area: 103,672 SF
Sale Price: $1,150,000
Unit Price: $11.09 PSF
Adjacent Parcels Available: Yes
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/7/2018

Overview / Comments

Prime commercial site on Aquidneck Avenue with two parcels (one including a 1,425 sq/ft commercial building). The site is currently leased to a materials yard for $8,500/mo NNN lease on the property unit 12/31/2021 with a 5 year option.

Attachments & Media

Additional Details

Nearest MSA: Providence-Warwick
County: Newport
Zoning: LBA
Property Located Between: East Main Road and Green End Avenue
Property Visibility: Excellent
Largest Nearby Street: East Main Road (Rt 138)
Feet of Frontage: 287
Traffic/Vehicle Count: 15,000
Airports: Newport State Airport
Site Description: Level rectangular lot with good depth for a variety of uses. Existing curb cut and driveway. Improved by a 1,425 building. Excellent visibility.
Area Description: Property is located along a popular commercial corridor with convenient access to all three Aquidneck Island communities as well as points North and West of the Island.
Lot Frontage: 287
Lot Depth: 522
Zoning Description: LBA
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,964 41,107 52,119
Median Age: 47.43 40.7 41.49
Households: 2,638 17,711 21,942

Contact

Photograph of Listing Agent

The Hadfield Group

Hogan Associates ECCPN Member
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