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1165 High ST Cumberland, RI 02864
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Key Details
Sold Price $305,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $184
Subdivision South Cumberland
MLS Listing ID 1269428
Sold Date 01/26/21
HOA Y/N No
Abv Grd Liv Area 1,650
Year Built 1965
Annual Tax Amount $3,540
Tax Year 2019
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Investors - We asking for Highest and Best Offers to be submitted on 12/7/2020 by 5 pm EST.
This property is located in a busy traffic area located on the corner of High Street (Rte 114) and Alan Avenue. Great bi-directional visibility going north or south and west from Marshall Ave. Currently occupied with a favorable triple net lease, extending into 2023 with a cap rate of 12. The building offers all the amenities for the successful operation of a restaurant, retail, or general office operations. Has parking for 10+ vehicles. Easy access to all major regional traffic arteries.
Location
State RI
County Providence
Community South Cumberland
Rooms
Basement None
Interior
Heating Gas
Cooling Central Air
Exterior
Community Features Highway Access, Near Schools, Public Transportation, Restaurant, Shopping, High Traffic Location
Utilities Available Natural Gas Connected
Amenities Available Restaurant
Total Parking Spaces 10
Building
Building Description Masonry, Public Restrooms
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Level or Stories 1
Structure Type Masonry
New Construction No
Others
Tax ID 1165HIGHSTCUMB
Security Features Fire Alarm,Fire Sprinkler System
Financing Cash
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Bought with RE/MAX Premier Properties