$1,200,000
$1,350,000
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138 Main ST South Kingstown, RI 02879
8,650 SqFt
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,650 sqft
Price per Sqft $138
Subdivision Downtown Wakefield
MLS Listing ID 1336205
Sold Date 07/09/24
HOA Y/N No
Abv Grd Liv Area 8,650
Year Built 1988
Annual Tax Amount $15,305
Tax Year 2022
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type Commercial
Property Description
NEW PRICE!
Downtown Wakefield. Main Street location offers great visibility & paved parking for 40+/- vehicles. CD zoning allows a multitude of uses. This impressive 10,620 sq.ft free-standing 2 story brick-sided office building offers 2 units - each share 2 restrooms on the 1st & 2nd floors.
The "front office" is currently vacant. The 1st floor has 4 private windowed offices, conference room and kitchen/break room - plus large flexible office space area ideal for cubicle-style offices. The 2nd floor has a private office & spacious flexible office space area that would accommodate additional private cubicle-style offices, & receptionist area.
The "rear office" is currently leased until 2/28/24. The 1st floor has 8-9 private windowed offices & flexible office space area which currently contains 7 cubicle-style offices, & an area for a receptionist. The 2nd floor of this unit offers 2 large private offices, a large conference room, & 5 cubicle-style offices. Current lease generates $92,714 in rent annually.
Building's lower level provides ample storage, kitchen/conference room, and utility room(s). Total building square footage includes common areas: lobby, hallways, and other finished areas. Owner pays property taxes. Furniture, fixtures & office equipment will not convey.
Location
State RI
County Washington
Community Downtown Wakefield
Zoning CD
Rooms
Basement Full
Interior
Heating Central, Common, Hot Water, Individual, Zoned
Cooling Central Air
Exterior
Fence Fenced
Community Features Golf, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, High Traffic Location, Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Not Available, Municipal Utilities, Phone Available, Water Connected, Sewer Connected
Amenities Available Maintenance
Street Surface Asphalt
Total Parking Spaces 40
Building
Building Description Brick,Masonry, Public Restrooms
Story 3
Foundation Concrete Perimeter
Sewer Connected, Public Sewer, Sanitary
Water Connected, Public
Level or Stories 3
Structure Type Brick,Masonry
New Construction No
Others
Tax ID 138MAINSTSKNG
Security Features Carbon Monoxide Detector(s),Fire Alarm,Fire Escape,Firewall(s),Security Lights
Financing Cash
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