PRICE REDUCED!! 1673 Fall River Avenue

Retail-Commercial for Sale
Distressed
Catylist Listing ID: 30030366
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Street Retail
Building Size (RSF): 4,692 SF
Gross Land Area: 3.03 Acres
Sale Price: $275,000
Unit Price: $58.61 PSF
Property Use Type: Vacant/Owner-User
Building Name: 1673 Fall River Avenue
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 11/26/2017

Overview / Comments

Subject property is a Mixed Use/R3 parcel consisting of 1 single family 3 bedroom residence of 1872sf, 1 free standing office/retail structure of 1220sf and 1 detached equipment garage of 1600sf. Property has 143' of frontage on Rt. 6.

This property is located on Rt. 6 (Fall River Avenue) and runs parallel to Rt. 195 and serves as a primary East/West access road between Providence and Fall River. The 4 lane road generates a very high traffic volume as it provides access to major shopping of National Retailers as well as local neighborhood businesses.

Highlights:

*GREAT MIXED USE LIVE/WORK OPPORTUNITY
*HIGH VISIBILITY
*IDEAL FOR MULTIPLE USES
*3 PLUS ACRE PARCEL
*143' OF FRONTAGE ON ROUTE 6
*BEING SOLD WELL BELOW ASSESSED VALUE

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $10,520 (Annual)
Tax Value Land $189,100
Tax Value Improvements $182,400
Assessed Value - Total($) $371,500 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Bristol
Taxing Authority: Town of Seekonk
Tax ID/APN: 265/01/0018
Zoning: MIXED USE/R3
Retail Clientele: General, Family, Business, Recreation
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Average
Year Built: 1920
Roof Type: Arched
Construction/Siding: Wood Frame
Total Parking Spaces: 20
Parking Type: Surface
Water Service: Municipal
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,171 46,232 152,703
Median Age: 41.82 43.48 40.41
Households: 438 18,324 60,984

Contact

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