308 Nw East School Street
Woonsocket,
RI
02895
Property Details
| List Price: |
$1,795,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Pending |
SqFt: |
160000 |
| Agency: |
Keller Williams Realty of Newport / East Bay / Nor |
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Description/Comments
| Lot Size: |
5 acre(s) |
| Property Type: |
Commercial |
| Year Built: |
1904 |
| Notes: |
This is a portfolio sale comprising of two properties containing four buildings on approx. six acres. 105,000 SF of space is presently occupied and the projected N.O.I of 229K is based on the entire property being rented. This also factors in a 10% vacancy rate. There have been substantial improvements made over the last five years and while more work remains to be completed, there will be a substantial upside to the cash flow upon completion. This property also features, lots of parking, front loading docks, high ceilings, open floor space and storage. It's located near the highway and provides for easy access from routes 146, I495 & I295. It's located in the Industrial zone, which is not only ideal for ecommerce but may be the ideal setting for the future Marijuana grow market. Please note that some numbers being reported are projected based on full occupancy. |
| MlsNumber: |
1295129 |
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| Listing Provided By: |
Keller Williams Realty of Newport / East Bay / Nor, original listing |
| Name: |
Keller Williams Realty of Newport / East Bay / Nor |
| Phone: |
(401) 845-9200 |
| Office Name: |
Keller Williams Coastal |
| Office Phone: |
(401) 845-9200 |
| Agent Name: |
The NMR Group |
| Disclaimer: |
Copyright © 2024 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
