Normans

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30034368
Property Subtypes: Mixed Use, Restaurant
Status: Pending
Building Size (RSF): 6,845 SF
Gross Building Area: See Agent
Sale Price: $599,900
Unit Price: $87.64 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Normans
Sale Terms: Cash to Seller
Average Occupancy Rate: 80
Last Updated: 8/29/2017

Overview / Comments

Investors/Restaurateurs take note. One of Rhode Islands hottest spots. Main Street East Greenwich Landmark. High traffic/walking count. Former pub/diner with 10 additional residential units. Location can not be beat.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Zoning: CD1
Retail Clientele: General, Family, Business, Tourist
Property Located Between: 1st Ave and Division
Property Visibility: Excellent
Site Description: Two buildings on lot. Front building has pub down and residential up back building has all residential
Area Description: Downtown East Greenwich.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 3
Typical SF / Floor: 1,692 SF
Property Condition: Fair
Year Built: 1900
Roof Type: Mansard
Construction/Siding: Wood Frame
Parking Description: No off street parking
Sprinklers: None
Heat Type: Natural Gas, Oil
Heat Source: Baseboard, Other
Air Conditioning: Other
Interior Description: Mixed use.
Zoning Description: CD1 Commercial Downtown One District (CD/CD-1). This zone is designed to provide multiple uses on Main Street properties between Division Street and First Avenue/Rocky Hollow Road to promote active use of East Greenwich's downtown area by residents, shoppers and service-use clients and to provide vehicle and pedestrian safety. This district emphasizes first-floor (street-level) uses which promote and encourage pedestrian activity and stops at more than one business
Lot Frontage: 36'
Lot Depth: 106'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Plat 85-1 Lot 222

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,758 46,168 126,039
Median Age: 45.3 44.57 42.45
Households: 2,390 19,732 52,766

Contact

Photograph of Listing Agent

RI Real Estate Commercial Group

RI Real Estate Services RICIE Member
© Copyright Rhode Island Commercial Information Exchange. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Rhode Island Commercial Information Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.