Address
1195 Putnam Pike, Glocester, RI
Price
$ 999,995
Property Attributes
- MLS#1350517
- TypeCommercial
- CountyPROVIDENCE
- CityGlocester
- NeighborhoodChepachet
- Zip02814
- StyleCommercial
- Year Built1920
- Taxes$ 13225
- Price$ 999,995
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7232
- Lot Size1.07 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
The property includes two fully leased buildings of over 7000+ square feet, on over an acre of land with plenty of opportunity for growth. It is located in historic downtown Chepachet on the rotary! This property's tenants include a pizza restaurant that has been in business for over 40 years, a bakery, and a salon. The rear building is fully occupied by a landscaping company that takes care of the grounds! This well-maintained property is a great opportunity to own in a high visibility area! Do not let this opportunity pass you by!
| Price History | |
|---|---|
| 1/5/2024 | Listed $999,995 |
General Features
| Sewer | SepticTank |
|---|---|
| Heating | Baseboard,ForcedAir |
| Cooling | CentralAir,Ductless |
| Utilities | ElectricityAvailable,NaturalGasAvailable,WaterAvailable |
| Zoning | B1H |
| Security Features | CarbonMonoxideDetectors,SmokeDetectors |
| Construction Materials | Brick,Frame |
| Year Built | 1920 |
| Electric | Item200AmpService |
| Tenant Pays | CableTV,GroundsCare,Heat,SnowRemoval,TrashCollection,Water |
| Property SubType | Commercial |
| Tax Year | 2023 |
| Business Type | BarberBeauty,Landscaping,Restaurant,Warehouse |
| Community Features | HighwayAccess,PublicTransportation |
| County | Providence |
| Net Operating Income | 67748.0 |
| Insurance Expense | 10341.0 |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Chepachet |
| Possible Use | Automotive,Commercial,MedicalDental,MiniStorage,Office,Other,Retail,Warehouse |
| Garage Y/N | Yes |
| Building Features | PublicRestrooms |
| Status | Active |
| City | Glocester |
| Buyer Agent Compensation | 2.25 |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 4 |
| Lot Size Square Feet | 7232.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Number of Units Leased | 4 |
| Street Name | Putnam |
| Property Attached Y/N | Yes |
| Land Lease Y/N | No |
| Tax Annual Amount | 13225.0 |
| Electric Expense | 0.0 |
| Home Warranty Y/N | No |
| Fuel Expense | 0.0 |
| Trash Expense | 0.0 |
| Water Sewer Expense | 650.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Leasable Area | 7232.0 |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://tour.RiLiving.com/1195-Putnam-PIKE-Glocester-RI-02814 |
| Days on Market | 25 |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Tax Assessed Value | 648400 |
| Tax Lot | 046 |
| Ownership Type | LLC |
| Cap Rate | 6.78 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | None |
|---|---|
| Total Stories | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 7232.0 |
| Street Suffix | Pike |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | HistoricDistrict |
|---|---|
| Water Source | Well |
| Total Parking | 20.0 |
| Lot Size Area | 7232.0 |
| Foundation Details | Combination |
| Number of Buildings | 2 |
| Spa | No |
| Building Area Total | 7232.0 |
| Lot Size Acres | 1.07 |
| Lot Size Units | SquareFeet |
| 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
Property vs Commercial Average in 02814
Price
Taxes
Visits
Year Built
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