261-263 Post Rd

Retail-Commercial for Sale
Catylist Listing ID: 30031041
Building Status: Proposed
Building Size (RSF): 2,406 SF
Gross Land Area: 40,075 SF
Sale Price: $650,000
Unit Price: $270.16 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 2,406 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/27/2020

Overview / Comments

Prime location! 2 adjacent lots with over 200 ft of frontage on busy Route 1 with a high traffic volume. Located in the expanding Dunn's Corners area, this property consists of .92 acres zoned highway commercial and is located close to Walmart, restaurants, South County Medical Center and a Mobil gas station. Many potential retail and other uses. House on property is a tear down.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $6,044 (Annual)
Assessed Value - Total($) $539,600 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Washington
Taxing Authority: Westerly
Tax ID/APN: WY 112-29
Zoning: HIGHWAY COMMERCIAL
Retail Clientele: General, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Post Road
Feet of Frontage: 199
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 17
Property Condition: Poor
Year Built: 1950
Roof Type: Gable
Construction/Siding: Wood Siding
Total Parking Spaces: 40
Parking Type: Structure
Sprinklers: None
Heat Type: Oil
Heat Source: Baseboard
Zoning Description: Highway Commercial
Lot Frontage: 199
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 410 14,300 32,908
Median Age: 54.04 45.15 43.66
Households: 193 5,853 13,829

Contact

Photograph of Listing Agent

Andy Schilke

Schilke Realty ECCPN Member
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