Executive Office Condominimums

Office for Sale
Catylist Listing ID: 30170925
Property Subtypes: Business Park, Executive Suites, High-Tech, Medical, Office Building
Condo? Yes
Building Size (RSF): 2,500 SF
Sale Price: $199,900 - 209,900
Property Use Type: Investment, Vacant/Owner-User
Building Name: Warwick Executive Park
Class of Space: Class B
Usable Size (USF): 2,200 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 11/16/2018

Overview / Comments

Great 1st level office condo featuring 5 spacious private offices , Large glassed in conference room , kitchen and oversized bull pen /receptionist area. All rooms have windows.
Building consists of 4 units . Both first floor units are available . Different configurations. Take the entire 1st floor (5000') for $408,000 Great investment opportunity . Net useable space is approximate. Use one and rent out the other!
Condo fees $600 Monthly each and Taxes are $6718 each. Will lease as well at $16.00 psf modified gross.
This is a fantastic location!
Lets talk! Motivated!

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Taxing Authority: City of Warwick
Is Condo?: Yes
Zoning: OFFICE PARK
Property Located Between: Rt 95 and Apponaug
Property Visibility: Fair
Highway Access: 1 minute away to I-95 and I-295
Airports: 5 minutes to the State Airport and Train Station
Site Description: beautiful grounds with several brick one and 2 story buildings. The Summit Office Condominiums is at the top of the hill.
Total Number of Buildings: 6
Number of Stories: 2
Typical SF / Floor: 2,500 SF
Year Built: 1985
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick
Parking Type: Surface, Other
Parking Description: Ample FREE parking at your door!
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Large executive office , 4 other spacious offices and center glassed in conference room. Large bull pen. Could be divided for another office.
Zoning Description: office
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: FS

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,608 76,965 169,850
Median Age: 44.63 42.79 42.67
Households: 3,237 33,597 69,347
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