96 Cross St - Freestanding FOR SALE


Westerly, RI 02891
$1,500,000 USD
401-331-9300
96 Cross St, Westerly, RI for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

96 Cross St
Westerly, RI 02891


OVERVIEW

The property is ground leased with 10 years remaining in the term. In addition to ground rent, owner collects 30% of gross rents from all property sub-tenants. The property is well suited for redevelopment or additional development upon expiration of the ground lease. •1.37± Acres of Land •Highway Commercial Zone •270± FT of Frontage •5,476± SF Retail Building •768± SF Garage •Two (2) Overhead Doors

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$274 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

-

APN/PARCEL ID

WEST-000067-000282

ASK ABOUT THIS PROPERTY

Eric SchultheisSweeney Real Estate & AppraisalMore Info
401-331-9300

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Eric SchultheisSweeney Real Estate & AppraisalMore Info
401-331-9300

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