311 Great Island Rd - Freestanding FOR SALE


Narragansett, RI 02882
$595,000 USD
401-954-5703
311 Great Island Rd, Narragansett, RI for Sale
$595,000 USD
Freestanding - FOR SALE
1/21
null | Request Cap Rate

NEW


311 Great Island Rd
Narragansett, RI 02882


OVERVIEW

Opportunity to own a retail building in the heart of one of the most highly trafficked vacation destinations in New England. Located in the Port of Galilee, a renowned fishing village in Narragansett, known for its beaches, scenic views, fishing charters, whale watching tours, fresh seafood, and Block Island ferry access. The Boat House is a resort boutique store offering jewelry, trendy clothing, t-shirt and sweatshirts, local souvenirs, and RI’s best salt-water taffy. The 1,040 square foot building is currently comprised of a boutique store, back office, a half bath and mezzanine storage. With 50 linear feet of showroom frontage on Great Island Road, and with high foot traffic, the building is visible from both directions, and steps from the Block Island ferry, the beach, and seaside dining. Other essential qualities include 15 private parking spaces, city utilities, B-B zoning, and an extensive inventory list. A lucrative opportunity for either an investor or end-user.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$572 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

4.52 AC

LAND SF

196,843 SF

ZONING

B-B

APN/PARCEL ID

NARR-000118-I000000G-S000000

ASK ABOUT THIS PROPERTY

Greg ArakelianMott & Chace Sotheby's International RealtyMore Info
401-954-5703

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Greg ArakelianMott & Chace Sotheby's International RealtyMore Info
401-954-5703

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.