Norigian Building

Industrial for Sale
Catylist Listing ID: 29964981
Property Subtypes: Flex Space, Free-Standing, Light Industrial
Building Size (RSF): 4,922 SF
Gross Land Area: 0.20 Acres
Sale Price: $225,000
Unit Price: $45.71 PSF
Drive In Bays: 4 Bays
Property Use Type: Vacant/Owner-User
Building Name: Norigian Building
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/8/2017

Overview / Comments

Solidly constructed 5000sf brick/steel building ideally suited for contractor, automotive, landscaper, etc. Consists of 2 lots and 2 contiguous buildings. Separate utilities so one half could be leased for extra revenue.

Located at Warwick Avenue/Post Road intersection. High traffic and just minutes away from Rt. 10 & Rt. 95.

Highlights:
•SOLID MASONRY BUILDING
•CAN BE 2 SEPARATE UNITS
•GAS HEAT
•AMPLE PARKING
•IDEAL FOR MANY USES
•JUST MINUTES TO RT. 95

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $9,557 (Annual)
Tax Value Land $93,400
Tax Value Improvements $224,200
Assessed Value - Total($) $317,600 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Taxing Authority: City of Warwick
Tax ID/APN: 293/048,049
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Average
Year Built: 1972
Roof Type: Flat
Construction/Siding: Block, Brick, Steel Frame
Parking Type: Surface
Total Parking Spaces: 10
Amps: 200
Heat Type: Natural Gas
Heat Source: Ceiling Units
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Driveway easement for abutting property.
Land Ownership: Fee Simple

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,077 120,076 327,323
Median Age: 41.84 38.71 37.27
Households: 6,599 45,611 125,388

Contact

Source

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