Main Street 4000 SF Comm. Bldg. on .36 SF Lot + Rental Multi-family

Retail-Commercial for Sale
Catylist Listing ID: 30416901
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related, Other
Building Size (RSF): 4,014 SF
Gross Building Area: 5,294 SF
Gross Land Area: 16,000 SF
Sale Price: $449,000
Unit Price: $111.86 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 6/16/2020

Overview / Comments

Current use: Auto Body, Service & Sales + Multi-family rental property included on land parcel. Large fenced secured paved lot area. Plat 9, Lot 98...approx. 16,000 SF lot ...real estate tax/yr approx. $ 9,070.

Bldg. Improvements: Approx. 4,000 SF Garage/ Flex space structure + outside storage and attic area. Add'l 2/3 unit (studio & two 1 bed apts.) Rental Multi-family on site.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Tax ID/APN: WW 009-0098-0-000
Retail Clientele: General, Family, Business
Property Located Between: Remington Street & Pulaski Street
Property Visibility: Excellent
Highway Access: Subject property located between Rte. 3- Cowesett Ave. to the south with access east to Rte. 2- Quaker the north of subject intersect with Rte. 117- Centerville Rd. heading east to Rte. 2 (Bald Hill Road section) continuing to Rte. 95 interstate north & south.
Airports: Rhode Island T.F. Green International Airport
Site Description: Level approx. .367 AC lot fronting on Main, Remington & Rice Streets.
Area Description: General Business / residential business artery/ district. Long time (historic) established mill town community with easy access to multi suburban residential communities including Coventry, East Greenwich, Cranston & Warwick.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Typical SF / Floor: 4,014 SF
Property Condition: Average
Year Built: 1930
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Combo of vinyl, brick and wood shingle.
Parking Type: Surface
Parking Description: Off street via Main Street access with large fenced in (secured) parking paved area .
Heat Type: Natural Gas, Oil
Heat Source: Other
Air Conditioning: Other
Interior Description: Multiple garage bays + separate work rooms/areas + approx. 264 SF office.
Zoning Description: B-Business
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Unknown
Legal Description: Plat 9, Lot 98 frontage on Main, Remington & Rice Streets.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,762 67,723 128,187
Median Age: 39.65 42.04 42.62
Households: 8,838 28,711 51,833
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