15 Kent Avenue

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30578073
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial
Status: Pending/Contingent
Building Size (RSF): 4,000 SF
Sale Price: $365,000
Unit Price: $91.25 PSF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: "PRICE REDUCED"
Usable Size (USF): 4,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2020

Overview / Comments

Currently being used as an automotive service facility, this building is configured as 2 separate units of 2,000sf each with separate utilities but could easily be combined as a single 4,000sf building. Masonry construction makes this a secure, ideal building for multiple uses. This building may also offer the opportunity for medical marijuana growing.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $7,298 (Annual)
Tax Value Land $59,600
Tax Value Improvements $174,400
Assessed Value - Total($) $234,000 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Taxing Authority: City of Warwick
Tax ID/APN: WK 245 328
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Good
Year Built: 1985
Roof Type: Arched
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 15
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,423 71,108 179,202
Median Age: 40.98 43.29 42.72
Households: 4,437 29,356 73,811

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