Property Attributes
- MLS#1336205
- TypeContingent
- CountyWASHINGTON
- CitySouth Kingstown
- NeighborhoodDowntown Wakefield
- Zip02879
- StyleCommercial
- Year Built1988
- Taxes$ 15305
- Price$ 1,350,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8650
- Lot Size0.75 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
NEW PRICE! Downtown Wakefield. Main Street location offers great visibility & paved parking for 40+/- vehicles. CD zoning allows a multitude of uses. This impressive 10,620 sq.ft free-standing 2 story brick-sided office building offers 2 units - each share 2 restrooms on the 1st & 2nd floors. The "front office" is currently vacant. The 1st floor has 4 private windowed offices, conference room and kitchen/break room - plus large flexible office space area ideal for cubicle-style offices. The 2nd floor has a private office & spacious flexible office space area that would accommodate additional private cubicle-style offices, & receptionist area. The "rear office" is currently leased until 2/28/24. The 1st floor has 8-9 private windowed offices & flexible office space area which currently contains 7 cubicle-style offices, & an area for a receptionist. The 2nd floor of this unit offers 2 large private offices, a large conference room, & 5 cubicle-style offices. Current lease generates $92,714 in rent annually. Building's lower level provides ample storage, kitchen/conference room, and utility room(s). Total building square footage includes common areas: lobby, hallways, and other finished areas. Owner pays property taxes. Furniture, fixtures & office equipment will not convey.
Price History | |
---|---|
5/25/2023 | Listed $1,550,000 |
8/24/2023 | 13% - $1,350,000 |
General Features
Sewer | Connected,PublicSewer,Sanitary |
---|---|
Heating | Central,Common,HotWater,Individual,Zoned |
Cooling | CentralAir |
Utilities | ElectricityAvailable,NaturalGasNotAvailable,MunicipalUtilities,PhoneAvailable,WaterConnected,SewerConnected |
Possession | Negotiable |
Zoning | CD |
Security Features | CarbonMonoxideDetectors,FireAlarm,FireEscape,Firewalls,SecurityLights |
Construction Materials | Brick,Masonry |
Year Built | 1988 |
Electric | Item3Phase |
Tenant Pays | CommonAreaMaintenance,Electricity,ExteriorMaintenance,HVACMaintenance,Heat,JanitorialService,OtherTax,Sewer,TrashCollection,Telephone,Water |
Stories | 3 |
Levels | ThreeOrMore |
Property SubType | Commercial |
Tax Year | 2022 |
OwnerPays | GroundsCare,Insurance,SnowRemoval,Taxes |
Business Type | Financial,Medical,ProfessionalOffice,Parking,RealEstate |
Community Features | Golf,HighwayAccess,Marina,MaintenanceOnSite,NearHospital,NearSchools,PublicTransportation,RecreationArea,Shopping,HighTrafficLocation,StreetLights,Sidewalks |
County | Washington |
New Construction | No |
Property Type | CommercialSale |
Association Amenities | Maintenance |
HOA / Comm Assn | No |
Attached Garage | No |
Contingency | Inspection Period |
Subdivision Name | Downtown Wakefield |
Possible Use | Commercial,Investment,MedicalDental,Office |
Garage Y/N | No |
Building Features | PublicRestrooms |
Status | ActiveUnderContract |
City | South Kingstown |
Green Location | PublicTransportation,Walkability |
View Y/N | No |
Senior Community Y/N | No |
Total Units | 2 |
Lot Size Square Feet | 32670.0 |
Waterfront Y/N | No |
Carport Y/N | No |
Number of Units Leased | 1 |
Street Name | Main |
Property Attached Y/N | Yes |
Land Lease Y/N | No |
Tax Annual Amount | 15305.0 |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Virtual Tour | https://my.matterport.com/show/?m=kNYWHKcAiPw&st=5000&ts=2 |
Days on Market | 357 |
Structure Type | Office |
Standard Status | ActiveUnderContract |
Occupancy Type | Tenant |
Tax Assessed Value | 1397700 |
Tax Lot | 62 |
MobileHomeRemainsYN | No |
Interior Features
Basement | Full |
---|---|
Total Stories | 3 |
Basement (Y/N) | Yes |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Above Grade Finished Area | 8650.0 |
Street Suffix | Street |
Electric On Property Y/N | No |
Exterior Features
Fencing | Fenced |
---|---|
Water Source | Connected,Public |
Total Parking | 40.0 |
Lot Size Area | 32670.0 |
Foundation Details | ConcretePerimeter |
Number of Buildings | 1 |
Spa | No |
Building Area Total | 8650.0 |
Lot Size Acres | 0.75 |
Road Surface Type | Asphalt |
Frontage Length | 99 |
Lot Size Units | SquareFeet |
Road Frontage Type | CityStreet |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool