Office Building for Sale

Office for Sale
Catylist Listing ID: 30641957
Property Subtypes: Office Building
Building Size (RSF): 1,402 SF
Gross Land Area: 5,000 SF
Sale Price: $249,900
Unit Price: $178.25 PSF
Property Use Type: Business
Usable Size (USF): 1,402 SF
Core Factor: 1%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

175 Grand Avenue is a commercial building tucked into a pleasant residential neighborhood. This property is ideal for various professional uses. It sits at the corner of Grand and London Avenues, right behind the Hasbro building in Pawtucket.
The solid 1400 square foot, cement block building consists of 2 large rooms, plus a full bathroom, and several large storage closets There is small basement.
There are several entrances as well as a wide, double door, service entry.
And a parking lot that can easily accommodate 10+ vehicles.
The main area is a 33 by 23 foot production room. Additionally, there is a large office space measuring 25 by 15 feet. The ceilings are 10 ½ feet high throughout.
Excellent lighting and large windows make this a pleasant working environment, whether you have employees or work alone. It has every feature one would want for an office space, or light manufacturing business, satellite office, or even an artist’s studio.
The current owner modernized the entire structure in 2005 adding a modern gas forced air heat system, 100 amp electrical service and all new wiring, plumbing, security, insulation, roof, windows, as well a fully finished interior.
The entire property is in excellent condition.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: Pawtucket, RI
Tax ID/APN: PA 120647
Zoning: RT
Property Located Between: Newport Ave. & Daggett Ave. in the Darlington neighborhood of Pawtucket, RI
Property Visibility: Good
Highway Access: Located 1 block from Newport Avenue in Pawtucket, access to commuter rail and Rt. 95 is 1 mile down the road. And RIPTRA bus service is frequent along Newport Ave. TF Green Airport is 16 miles south via Rt. 95 S.
Site Description: 5000 sq ft. dcorner lot, substantially paved for parking.
Area Description: Pawtucket is located in Providence County, Rhode island and is the fourth largest city in the state. Pawtucket is rich with history and was a key player in the American Industrial Revolution because of its mills. Today, Pawtucket has a vibrant art scene and the city prides itself in making it an "artist friendly environment." The city offers grants that are available to local artists and has a yearly Arts Festival and Arts Marketplace that showcase their work.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,402 SF
Year Built: 1946
Year Renovated: 2005
Construction/Siding: Stucco
Parking Type: Surface
Parking Description: paved lot
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Window Unit
Internet Access: Fiber Optic
Interior Description: Presently used as a photography studio, it is attractively finished. Wood floors in the large studio and wal lto wall carpet in the adjoining office. A full bathroom, large kitchenette (no stove), high ceilings and good light.
Zoning Description: Residential Two Family.
Lot Frontage: 100
Lot Depth: 50
Water Service: Municipal
Sewer Type: Municipal
Easements Description: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,720 130,179 298,573
Median Age: 38.96 37.28 36.05
Households: 9,179 51,788 117,023
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