6946 Post Road

Office for Sale
Catylist Listing ID: 30283650
Property Subtypes: Executive Suites, Mixed Use, Flex Space, Office Building, Research & Development
Building Size (RSF): 36,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.80 Acres
Sale Price: $1,995,000
Unit Price: $55.42 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Regatta Proffesional Building
Class of Space: Class B
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 12/31/2018

Overview / Comments

Complex includes both Class A and Class B office space, manufacturing, warehouse, totally updated conference rooms, kitchenettes, bathrooms, main road retail signage, multiple income producing tenants, plenty of parking, direct main road access, close proximity to upscale retail shopping, Quonset technology park, Wickford Village, central to the state and highway. Ideal for owner occupant with great tenant income.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $54,000 (Annual)
Tax Value Land $427,500
Tax Value Improvements $2,359,200
Assessed Value - Total($) $2,786,700 (Annual)
Gross Operating Income $281,483 (Annual)
Net Operating Income $208,283 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Providence-Warwick
County: Washington
Taxing Authority: North Kingstown
Tax ID/APN: NK 146-066
Zoning: POST ROAD DISTRICT
Property Located Between: Frenchtown Road and entrance to Quonset Point.
Property Visibility: Excellent
Highway Access: Excellent
Airports: TF Greene and Quonset
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1969
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: well maintained and landscaped
Parking Type: Surface
Total Parking Spaces: 109
Sprinklers: Wet
Heat Type: Natural Gas
Interior Description: Totally Updated, mixture of private offices, private shower/bathroom, open work environments, light manufacturing, warehouse, retail potential
Zoning Description: PR
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,787 20,897 55,542
Median Age: 41.72 44.29 44.68
Households: 2,074 8,252 22,743
The information presented herein is provided as is, without warranty of any kind. Neither East Coast Commercial Property Network nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.