Professional Office Condo

Office for Sale
Catylist Listing ID: 30006980
Property Subtypes: Business Park, Office Building
Condo? Yes
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Sale Price: $795,000
Property Use Type: Vacant/Owner-User
Building Name: Warwick Realty Office
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2017

Overview / Comments

Ideal location for this modern 1 level brick office building. Originally made up of 2 condo units. Features a 1200' basement for storage.
Currently owner occupied. Willing to do a lease back as only needs a few offices and use of conference room on occasion. There is a Month to Month rental there now in a portion of the space. They may stay also.

Taxes $15,912
Condo Fees $13,200

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Is Condo?: Yes
Zoning: OFFICE
Property Located Between: Rt 95 and Apponaug
Highway Access: Around the corner for I-95 and I-295
Airports: 5 minutes away
Site Description: Beautifully kept up office park
Area Description: One of the main entrances into the City of Warwick. 15 minutes to Providence
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1985
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Decorator Brick
Parking Ratio: 22 (per 1000 SF)
Parking Type: Surface
Parking Description: Ample parking
Total Parking Spaces: 22
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, T1/T3
Interior Description: see floor plan attached
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: plat 243 Lot 7 Units 1 and 2

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,669 77,399 170,822
Median Age: 44.59 42.71 42.7
Households: 4,073 33,677 69,782

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