55 Douglas Pike - Bar FOR SALE


Smithfield, RI 02917
$5,900,000 USD
55 Douglas Pike, Smithfield, RI for Sale
$5,900,000 USD
Bar - FOR SALE
1/16
null | 3.52% Cap Rate

55 Douglas Pike
Smithfield, RI 02917


OVERVIEW

An exceptional investment opportunity in the heart of Smithfield, RI. This mixed-use property offers 13,080± rentable square feet situated on a 1.71-acre lot with outstanding visibility and access. This well-maintained asset benefits from a strong tenant mix and consistent occupancy. With its drive-thru unit, elevator, and prominent location, the property caters to both local and regional businesses. Positioned along a highly traveled corridor with easy access to major highways, the site provides long-term investment stability and upside potential. Key Features: Fully leased, stabilized investment property Mixed-use building with retail and office tenants Drive-thru unit in place Elevator-served building for accessibility Ample on-site parking for tenants and visitors Excellent visibility on Douglas Pike, a high-traffic corridor

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$328 USD /SF

CAP RATE

3.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

2.01 AC

LAND SF

87,556 SF

ZONING

C- Commercial

APN/PARCEL ID

SMIT-000040-000000-000446

ASK ABOUT THIS PROPERTY

Jeanne St. GermaineGarwaine Realty, Inc.More Info

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Jeanne St. GermaineGarwaine Realty, Inc.More Info

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