Street Retail: 630 Metacom Ave

Retail-Commercial for Sale
Catylist Listing ID: 30163910
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 2,800 SF
Gross Building Area: 2,968 SF
Sale Price: $750,000
Unit Price: $267.86 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 1/31/2018

Overview / Comments

Street Retial: Newly renovated Stand Alone Building w/ 2 National tenants
16,490 sq ft lot w/ Frontage
20+ on-site parking
Traffic Count: over 24,000 vpd

Located at Signalized Light
Heavy Traffic Area
Surrounded by National Tenants - CVS, McDonald's, Dunkin' Donuts, Burger King, Family Dollar, Papa Gino's, Valero Gas, Job Lot
Warren/Bristol line

Current Tenants

Tenant Business Name AT&T
Is Renting? Yes
Current Rent $4,563 PSF (Annual)
Escalations Yes
Options Yes
Tenant Business Name Liberty Tax Services
Is Renting? Yes
SF of Space Occupied 800 SF
Current Rent $1,450 PSF (Annual)
Options Yes

Additional Details

Nearest MSA: Providence-Warwick
County: Bristol
Retail Clientele: General, Business
Property Located Between: National Tenants
Property Visibility: Excellent
Site Description: Newly Asphalted Paving
Area Description: Surrounded by National Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1970
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: New Stucco 2016
Total Parking Spaces: 20
Heat Type: Propane
Heat Source: Central
Air Conditioning: Other
Interior Description: Newly Renovated, Hard Wired/Sprinkler system
Zoning Description: Commercial Business Zoning 10
Lot Frontage: Street Retail
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,780 41,414 99,154
Median Age: 42.9 44.39 43.27
Households: 3,322 16,299 39,766

Contact

Photograph of Listing Agent

Derek D Brazeau

Greystone Realty RICIE Member
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