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51 Aster St 12,000 SF 100% Leased Industrial Building West Warwick, RI 02893 $1,100,000 ($91.67/SF) 8% Cap Rate



Executive Summary
For Sale by Owner
Investment Opportunity Building
Currently Subdivided into 3 separate units
Tenants Pay All Utilities except Gas & Water
Lease Types: Modified Gross
Investment Opportunity Building
Currently Subdivided into 3 separate units
Tenants Pay All Utilities except Gas & Water
Lease Types: Modified Gross
Property Facts
| Price | $1,100,000 | Lot Size | 0.64 AC |
| Price Per SF | $91.67 | Rentable Building Area | 12,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8% | Year Built | 1975 |
| Sale Condition | 1031 Exchange | Parking Ratio | 1.33/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 15’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | CI - Commercial | ||
| Price | $1,100,000 |
| Price Per SF | $91.67 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.64 AC |
| Rentable Building Area | 12,000 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Parking Ratio | 1.33/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | CI - Commercial |
Amenities
- Signage
Utilities
- Lighting
- Gas
- Water
- Heating - Oil (Fired)
1 1
Property Taxes
| Parcel Number | WWAR-000040-000180-000000 | Improvements Assessment | $691,100 |
| Land Assessment | $58,000 | Total Assessment | $749,100 |
Property Taxes
Parcel Number
WWAR-000040-000180-000000
Land Assessment
$58,000
Improvements Assessment
$691,100
Total Assessment
$749,100
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51 Aster St
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