Industrial Flex Space

Industrial for Sale
Catylist Listing ID: 30296351
Property Subtypes: Flex Space, Free-Standing, Light Industrial
Building Size (RSF): 2,742 SF
Gross Land Area: 5,884 SF
Sale Price: $249,900
Unit Price: $91.14 PSF
Property Use Type: Vacant/Owner-User
Building Name: 165 Ridge Street
Usable Size (USF): 2,742 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/7/2018

Overview / Comments

Solid masonry industrial building currently operating as a jewelry design/manufacturing business. This building has undergone extensive improvements including all new HVAC, upgraded electric, interior build out consisting of private offices, kitchenette/lunch room, and various size work spaces. The building could be converted back to wide open clear span space with the removal of the interior demising walls. Many potential uses. An overhead door has been blocked up but could be restored. Potential for signage visible from Rt 10. Provides for parking of up to 8 vehicles.

Ideal highway access to Routes 10, 6 and 95. Just minutes from downtown Providence. Walking distance to all Broadway amenities.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $5,630 (Annual)
Tax Value Land $68,100
Tax Value Improvements $85,100
Assessed Value - Total($) $153,200 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: City of Providence
Tax ID/APN: 33/ / 397/ /
Zoning: M-MU-75
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,742 SF
Property Condition: Good
Year Built: 1965
Year Renovated: 2016
Roof Type: Arched
Construction/Siding: Concrete
Parking Type: Structure
Total Parking Spaces: 8
Volts: 220
X-Phase: 3 Phase
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: 52,765 254,732 451,730
Median Age: 28.45 33.36 36.27
Households: 18,322 94,974 176,125

Contact

Photograph of Listing Agent

Jim Conway

Conway Commercial Group of WR Commercial
ECCPN Member
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