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Village Commons 211 Main St 5,714 SF 100% Leased Retail Building Ashaway, RI 02804 $850,000 ($148.76/SF)
Executive Summary
If you are looking for a solid investment, look no further. Well established strip mall with longtime tenants. State road that sees thousands of cars a day! Main artery into Westerly and local beaches. Less than 1 mile from Rt 95. Great income generated. Solid cap rate! Come take a look.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,714 SF
Building Class
B
Year Built
1970
Price
$850,000
Price Per SF
$148.76
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.26
Lot Size
0.50 AC
Zoning
NB - NEIGHBORHOOD BUSINESS
Parking
20 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
137’ on Main St
Amenities
- 24 Hour Access
- Courtyard
- Food Court
- Signage
- Tenant Controlled HVAC
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Body Works Therapeutic Massage
- Services
- 500 SF
- -
- -
- -
- Melissa Shear Madness
- Services
- -
- -
- -
- -
- REVIVE COLLECTABLES
- Arts, Entertainment, and Recreation
- 500 SF
- -
- Single Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Body Works Therapeutic Massage | Services | 500 SF | - | - | - | |
| Melissa Shear Madness | Services | - | - | - | - | |
| REVIVE COLLECTABLES | Arts, Entertainment, and Recreation | 500 SF | - | Single Net | - |
Property Taxes
| Parcel Number | HOPK-000025-000000-000299 | Improvements Assessment | $343,100 |
| Land Assessment | $82,500 | Total Assessment | $425,600 |
Property Taxes
Parcel Number
HOPK-000025-000000-000299
Land Assessment
$82,500
Improvements Assessment
$343,100
Total Assessment
$425,600
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Videos
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Photos
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Village Commons | 211 Main St
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