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308 - 292 NW East School ST, Woonsocket, Rhode Island 02895
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Property Details for 308 - 292 NW East School ST
Price
$1,795,000
Type
commercial/industrial
Year Build
1904
Sq. Ft.
160000
Lot Size
5.3600
County
Providence
MLS®️ Listing#
1295129
On exitrealty.com
1168 days
Property Description
This is a portfolio sale comprising of two properties containing four buildings on approx. six acres. 105,000 SF of space is presently occupied and the projected N.O.I of 229K is based on the entire property being rented. This also factors in a 10% vacancy rate. There have been substantial improvements made over the last five years and while more work remains to be completed, there will be a substantial upside to the cash flow upon completion. This property also features, lots of parking, front loading docks, high ceilings, open floor space and storage. It's located near the highway and provides for easy access from routes 146, I495 & I295. It's located in the Industrial zone, which is not only ideal for ecommerce but may be the ideal setting for the future Marijuana grow market. Please note that some numbers being reported are projected based on full occupancy.
- Utilities
- Cable TV
- Electric
- Fiber Optic
- Gas Connected
- Municipal Water
- Street Lights
- Telephone
Listing courtesy: Keller Williams Coastal - 401-845-9200
Last Updated: 2024-09-30 18:15:13
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Market statistics compiled from data from Rhode Island Statewide MLS.
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