115 Chestnut St

Industrial for Sale
Catylist Listing ID: 30653111
Property Subtypes: Free-Standing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 21,261 SF
Gross Land Area: 1.22 Acres
Sale Price: $1,350,000
Unit Price: $63.50 PSF
Docks/Doors: 1 Dock, 5 Doors
Office SF: 2,400 SF
Property Use Type: Investment, Vacant/Owner-User
Building Name: High Bay Warehouse
Usable Size (USF): 21,261 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/25/2020

Overview / Comments

Currently partially owner occupied. Other areas rented month to month. Would need 90 days to vacate. There is an open warehouse of approximately 4200sf leased out until the end of January 2021.Serviced by the loading dock.

There is another space of 82'x30' serviced by a 16' drive in door.
The front of the building has a 2 bay garage with an attached 2400sf office area.
Several baths.
The owner occupant has the remainder of the space and will vacate.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Submarket Type: Airport District
Tax ID/APN: WK 284 139
Zoning: LIGHT INDUSTRIAL
Property Located Between: Rt 95 and Jefferson Blvd
Highway Access: Around the corner to I-95 and Rt 37
Airports: 7 minutes away
Site Description: Right off Jefferson Blvd and Rt 95 and Rt 37
Area Description: Industrial area.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 21,261 SF
Property Condition: Average
Year Built: 1978
Year Renovated: 1988
Roof Type: Arched
Construction/Siding: Aluminum Siding, Brick
Exterior Description: Attractive brick front
Parking Type: Surface
Parking Description: 35 spaces Plus
Sprinklers: None
Amps: 600
X-Phase: 3 phase
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Cable
Zoning Description: Industrial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Plat 284 Lot 0139

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,964 122,211 313,911
Median Age: 42.93 40.57 37.82
Households: 3,856 48,260 121,951

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