Development or Income Opportunity

Industrial for Sale
Catylist Listing ID: 30234055
Property Subtypes: Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 47,473 SF
Gross Building Area: 53,116 SF
Sale Price: $1,500,000
Unit Price: $31.60 PSF
Docks/Doors: 2 Docks, 2 Doors
Office SF: 3,000 SF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Usable Size (USF): 47,473 SF
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 11/15/2018

Overview / Comments

40,000+ sq. ft. of space available for development, occupancy, or rent. 80% rented with steady cash flow. This property offers flexible options to develop or invest. In the heart of the Pawtucket Renaissance. Visibility from I-95 and very accessible to same, steps to Hope Artiste Village, as well as minutes from East Side/North Main amenities. Come take a closer look, and discuss potential.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Property Located Between: Esten Ave. and I95
Highway Access: I95 On Ramp 1 mile away.
Airports: PVD, BOS
Site Description: 2+ Acres. Usable and rentable parking in front, back, and side. Adjacent to I95.
Area Description: In the heart of the Pawtucket Renaissance! Industrial / Mill area steps to Hope Artiste Village and East Side of Providence
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 20,000 SF
Property Condition: Good
Year Built: 1900
Year Renovated: 2014
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick Mill Building
Parking Type: Surface
Total Parking Spaces: 300
Sprinklers: Wet
Heat Type: Electricity, Natural Gas, Other
Lot Frontage: 500
Land Ownership: Fee Simple
Legal Description: Pawtucket Plat 62 Lot 334

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,269 232,524 412,806
Median Age: 35.3 34.83 35.62
Households: 11,749 91,251 158,095

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