High Traffic Gas Station/Convenience Store
Retail-Commercial
for Sale
| Catylist Listing ID: |
30543698 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Service Station/Gas Station, Street Retail, Vehicle Related
|
| Building Size (RSF): |
1,798 SF
|
| Gross Land Area: |
0.32 Acres
|
| Sale Price: |
$1,500,000 |
| Unit Price: |
$834.26 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
Irving Gas & Convenience |
| Usable Size (USF): |
1,798 SF |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/21/2021 |
Overview / Comments
Irving Gas Station and Convenience Store on 280 Plainfield Street in Providence.
This real estate and business acquisition offers tremendous opportunity for an established branded vendor or an independent operator. A new owner has the option of maintaining the existing Irving brand or completely re-branding. This is a relatively new facility having been constructed from the ground up in 2010. Everything is in excellent turn key condition. Ideally sited, with the location of this facility offering direct access to the new Rt. 6A Connector as well as close proximity to Rt's 6, 10, 95 & 295. Daily traffic counts of over 40,000 vehicles per day at a signalized intersection.
This is a real estate and business assets sale. Financially qualified buyers will be provided with income and expense information after completion of a confidentiality agreement.
|
Financials
| Finance Data Year |
2019 |
| Real Estate Taxes - Annual($) |
$17,530 (Annual) |
| Tax Value Land |
$159,600 |
| Tax Value Improvements |
$316,900 |
| Assessed Value - Total($) |
$476,500 (Annual) |
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Providence |
| Taxing Authority: |
City of Providence |
| Tax ID/APN: |
PR 105-0496 |
| Zoning: |
C2 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Visibility: |
Excellent |
| Traffic/Vehicle Count: |
40,000 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
2010 |
| Roof Type: |
Flat |
| Construction/Siding: |
Concrete |
| Parking Type: |
Surface |
| Heat Type: |
Electricity |
| Heat Source: |
Central, Heat Pump |
| Air Conditioning: |
Engineered System |
| Lot Frontage: |
208' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
53,326 |
245,810 |
426,032 |
| Median Age: |
28.62 |
33.41 |
36.41 |
| Households: |
17,506 |
90,460 |
164,280 |
|
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