Address
8 Ridgewood Road, Charlestown, RI
Price
$ 1,195,000
Property Attributes
- MLS#1277683
- TypeCommercial
- CountyWASHINGTON
- CityCharlestown
- Zip02813
- StyleCommercial
- Year Built1960
- Taxes$ 2757
- Price$ 1,195,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3628
- Lot Size0.84 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Over 30 year old independently run hardware store in South County RI. This locally operated store is a tremendous resource to contractors, municipalities, farms, year-round and seasonal vacation homes in this captive marketplace. This business has clearly filled a niche with an established and expanding customer base along the south shore of Washington County. The property consists of a retail store, office, storage and a residential 2 bedroom apartment that provides additional income as a rental. There are multiple outbuildings, storage sheds and pods. Also multiple coal bins and large pre-engineered metal warehouse/garage outbuilding. This unique business is geared to support contractors and southern Rhode island consumers with plumbing, electrical, cleaning, and painting sundries, lawn and garden supplies and much more. The store also carries and delivers bulk coal as well as pellets and has a propane filling station. Other services include key making, sharpening services, faxing, copying and laminating. Assets include a skid steer, coal truck and new POS (point of sale) system. There are many opportunities to expand the business model and capitalize on the home improvement trends in a very attractive geography with a stable and growing customer base. This is a time-proven opportunity to own and run your own business and make a very good living for an owner or investor.
| Price History | |
|---|---|
| 3/26/2021 | Listed $1,195,000 |
General Features
| Sewer | SepticTank |
|---|---|
| Heating | Baseboard,ForcedAir |
| Cooling | CentralAir |
| Utilities | ElectricityAvailable,FiberOpticAvailable,PhoneAvailable,WaterAvailable |
| Possession | Negotiable |
| Zoning | MDL-94 |
| HOA | 0.0 |
| Security Features | BuildingSecurity,CarbonMonoxideDetectors,KeyCardEntry,SecurityLights,SecurityService |
| Construction Materials | Frame,Steel |
| Year Built | 1960 |
| Electric | Item100AmpService,CircuitBreakers |
| Stories | 2 |
| Levels | Two |
| Property SubType | Commercial |
| Tax Year | 2020 |
| OwnerPays | AirConditioning,ParkingFee,Taxes |
| Business Type | Mixed,Recreation,Retail |
| Community Features | HighwayAccess,NearHospital |
| County | Washington |
| Insurance Expense | 10735.0 |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Possible Use | Agricultural,Commercial,Investment,MixedUse,Office,Retail,Warehouse |
| Garage Y/N | Yes |
| Status | Active |
| City | Charlestown |
| Buyer Agent Compensation | 3% NS |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 2 |
| Lot Size Square Feet | 36590.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Number of Units Leased | 2 |
| Street Name | Ridgewood |
| Property Attached Y/N | Yes |
| Land Lease Y/N | No |
| Tax Annual Amount | 2757.0 |
| Home Warranty Y/N | No |
| Trash Expense | 1685.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 1125 |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Tax Assessed Value | 334500 |
| Tax Lot | 169 |
| Ownership Type | LLC |
| Cap Rate | 6.5 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | None |
|---|---|
| Total Stories | 2 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 3628.0 |
| Street Suffix | Road |
| Electric On Property Y/N | No |
Exterior Features
| Water Source | Well |
|---|---|
| Total Parking | 25.0 |
| Lot Size Area | 36590.0 |
| Foundation Details | ConcretePerimeter,SeeRemarks |
| Number of Buildings | 2 |
| Spa | No |
| Building Area Total | 3628.0 |
| Lot Size Acres | 0.84 |
| Frontage Length | 140 |
| 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 02813
Price
Taxes
Visits
Year Built
Walkscore
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.
