Stovepipe Fireplace Shop (3 buildings)

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30124876
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Status: Pending
Building Size (RSF): 22,438 SF
Gross Building Area: See Agent
Gross Land Area: 1.84 Acres
Sale Price: $640,000
Unit Price: $28.52 PSF
Property Use Type: Vacant/Owner-User
Building Name: Stovepipe Fireplace Compound
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/13/2018

Overview / Comments

Over 22,000' in 3 buildings on 1.84 acres. Most recently Stovepipe Fireplace, was a lumber company, so has showroom, and lots of warehouse space and outbuildings. Great for owner user needing a lot of building, or rental income, or redevelopment site.

Main building #662 was used by Stovepipe who is retiring, 2 floors at 5850 sq ft each. Plus a couple of small rentals in rear. $500/$400 mo

#554 is Copy/Print Shop in front, 2 floors at 1625 sq ft each @ $1450 mo, and Auto Repair in rear, 1,920 sq ft @ $1100 mo . Both tenants have been here for many years.

3rd building rear of lot , former lumber barn, has 2 more tenants $600/$650 mo, and a 3rd bay that is vacant

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Retail Clientele: General, Family, Business, Traveler, Recreation
Property Visibility: Excellent
Largest Nearby Street: Post Rd
Feet of Frontage: 280
Site Description: slightly sloped to rear, 90% paved
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Fair
Year Built: 1930
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Block, Brick, Wood Frame, Wood Siding
Heat Type: Natural Gas, Oil
Heat Source: Central, Wall Units
Air Conditioning: Engineered System
Zoning Description: GB
Lot Frontage: 280+-
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,089 120,961 323,325
Median Age: 42.3 38.98 37.35
Households: 7,084 46,101 124,032


Photograph of Listing Agent

Jeff Butler Team

RE/MAX Metro
RICIE Member
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