1307 Post Road

Retail-Commercial for Sale
Catylist Listing ID: 30026218
Property Subtypes: Free-Standing Building, Street Retail, Vehicle Related
Building Size (RSF): 1,260 SF
Gross Land Area: 15,246 SF
Sale Price: $275,000
Unit Price: $218.25 PSF
Property Use Type: Vacant/Owner-User
Building Name: 1307 Post Road
Usable Size (USF): 1,260 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/24/2017

Overview / Comments

Free standing former gas station/auto repair facility with underground tanks removed. Could be an ideal street retail location or possible automotive related use. Frontage of 89' on Post Road and 77' on Chestnut Street. Traffic count of over 47,000 daily. Pylon signage on corner lot provides great visibility from Rt.1 (Post Road) North and South.

Ideal high traffic, high visibility location just 1 block from the Rt.37 onramp to Rt. 95 North and South.

Highlights:
•PYLON SIGNAGE
•DEVELOPMENT POTENTIAL
•GREAT HIGHWAY ACCESS
•HIGHLY VISIBLE CORNER LOCATION
•MULTIPLE ACCESS POINTS
•166' OF TOTAL ROAD FRONTAGE

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $9,506 (Annual)
Tax Value Land $203,600
Tax Value Improvements $109,500
Assessed Value - Total($) $313,100 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Taxing Authority: City of Warwick
Tax ID/APN: 297/405
Retail Clientele: General, Family, Business, Traveler, Recreation
Property Visibility: Excellent
Largest Nearby Street: Route 37
Traffic/Vehicle Count: 47,000
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,260 SF
Property Condition: Average
Year Built: 1965
Year Renovated: 2005
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 20
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Lot Frontage: 89'
Lot Depth: 77'
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,341 109,676 286,620
Median Age: 40.85 42.16 39.05
Households: 4,671 44,578 111,932

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