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EXECUTIVE SUMMARY
Rare opportunity to own a large mixed-use building in one of the highest real estate markets in New England. Conveniently located in the downtown Village of Jamestown, and within walking distance of all amenities, including the harbor front, this pristine commercial building with a highly adaptable layout is comprised of 4 units; 2 residences, 1 office, 1 flex space with residence approvals, 2 integral garages with radiant heat, 1-stop elevator, and 14 parking spaces. A lucrative possibility for either an investor or end user, for prospective medical or professional office, research and development, consulting, marine industries, staff housing, or multiple residences. Within steps to blue water travel, 5 miles to downtown Newport, and 25 minutes to RI TF Green International Airport, this 7,700 gross SF building on .29 acre is tied into city water/sewer and each unit contains high efficiency hvac, separate meters, and ample off-street parking.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,700 SF
Building Class
B
Year Built
2006
Price
$3,500,000
Price Per SF
$454.55
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.61
Lot Size
0.29 AC
Zoning
CD - Commercial
Parking
14 Spaces (1.82 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | JAME-000009-000000-000201 | Improvements Assessment | $784,200 |
| Land Assessment | $263,800 | Total Assessment | $1,048,000 |
PROPERTY TAXES
Parcel Number
JAME-000009-000000-000201
Land Assessment
$263,800
Improvements Assessment
$784,200
Total Assessment
$1,048,000
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