Lease to Own
Address
140 Point Judith Road 23, Narragansett, RI
Price
$ 695,000
Property Attributes
- MLS#1350838
- TypeCommercial
- CountyWASHINGTON
- CityNarragansett
- Zip02882
- StyleCommercial
- Year Built1983
- Taxes$ 6350
- Price$ 695,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.44628 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
6,050 sq. ft. subdividable. Beautifully built out office space with fresh paint and carpet ready for near immediate occupancy. Motivated Seller. Listing is for 6 contiguous condo units currently configured into 2 conjoined but separate office spaces. Seller would consider selling units separately or leasing to a qualified tenant. Complex is close to beaches, but right off the highway, and just 1.5 miles to the heart of Wakefield. Space is perfect for medical, counseling, veterinary, law, or any professional office space - already built out into 27 separate offices, plus one formal conference room, and one large training / meeting room and 2 generous waiting areas. Multiple entrances and exits make the space perfect for many uses or multiple tenants. Triple-net leases are common for the area.
| Price History | |
|---|---|
| 1/10/2024 | Listed $895,000 |
| 2/2/2024 | 12% - $795,000 |
| 2/19/2024 | 13% - $695,000 |
General Features
| Sewer | Sanitary |
|---|---|
| Cooling | CentralAir |
| Utilities | CableAvailable,ElectricityAvailable,FiberOpticAvailable,NaturalGasAvailable,NaturalGasConnected,MunicipalUtilities,PhoneAvailable,WaterConnected |
| Possession | Negotiable |
| Construction Materials | Frame |
| Year Built | 1983 |
| Electric | Item3Phase,Item200AmpService |
| Stories | 1 |
| Levels | One |
| Unit Number | 23 |
| Property SubType | Commercial |
| Tax Year | 2023 |
| Business Type | AdministrativeandSupport,AnimalGrooming,BarberBeauty,ChildCare,FoodBeverage,Financial,HealthServices,Medical,ProfessionalOffice,OfficeSupply,Pizza,RealEstate,Restaurant,Retail |
| Community Features | Restaurant,StreetLights |
| County | Washington |
| New Construction | No |
| Property Type | CommercialSale |
| Association Amenities | Restaurant |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Possible Use | Commercial,Investment,MedicalDental,Office,Other,PlaceofWorship,Retail |
| Garage Y/N | No |
| Building Features | PublicRestrooms |
| Status | Active |
| City | Narragansett |
| Buyer Agent Compensation | 2.5%vns |
| View Y/N | No |
| Senior Community Y/N | No |
| Lot Size Square Feet | 63000.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Point Judith |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 6350.0 |
| 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://tour.RiLiving.com/140-Point-Judith-RD-Unit23-Narragansett-RI-02882 |
| Days on Market | 61 |
| Structure Type | Office |
| Standard Status | Active |
| Tax Assessed Value | 505500 |
| Tax Lot | 23 |
| MobileHomeRemainsYN | No |
Interior Features
| Total Stories | 1 |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Above Grade Finished Area | 0.0 |
| Street Suffix | Road |
| Electric On Property Y/N | No |
Exterior Features
| Water Source | WaterTapFee,Public |
|---|---|
| Total Parking | 20.0 |
| Lot Size Area | 63000.0 |
| Number of Buildings | 3 |
| Spa | No |
| Building Area Total | 0.0 |
| Road Surface Type | Asphalt |
| 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 02882
Price
Taxes
Visits
Year Built
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