High Traffic Automotive or Retail for Sale!
Retail-Commercial
for Sale
| Catylist Listing ID: |
30660114 |
| Property Subtypes: |
Retail-Pad, Street Retail, Vehicle Related
|
| Building Size (RSF): |
11,584 SF
|
| Gross Land Area: |
71,874 SF
|
| Sale Price: |
$2,750,000 |
| Unit Price: |
$237.40 PSF |
| Property Use Type: |
Business |
| Sale Terms: |
Cash to Seller, Sale/Leaseback |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/15/2021 |
Overview / Comments
|
Amazing opportunity to own and develop this spectacular property in the heart of Middletown’s high traffic retail area. This 11,584 s.ft. building sits on 1.65 acres of General Business zoned land. Currently a prestigious car dealership that can easily be transformed to numerous automotive, retail or food service uses. Zoning allows for expansion if you need more. The current Hyundai Dealership will be moving down the street to their new expanded showroom in 2022. Until then they will be paying the new owner a NNN lease. Take the income while you plan!
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Attachments & Media
- Visit our site for more information
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Newport |
| Tax ID/APN: |
MI 106 111 |
| Largest Nearby Street: |
West Main Road |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1970 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,650 |
39,958 |
58,281 |
| Median Age: |
39.15 |
41.5 |
42.27 |
| Households: |
2,779 |
16,801 |
24,590 |
|
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