This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
140 Point Judith Rd - Mariner Square in Narragansett, FOR SALE
3,000 SF Office/Retail Condo Unit Offered at $400,000 in Narragansett, RI 02882
Investment Highlights
- Busy main road, high traffic exposure
- Lots of natural light
Executive Summary
Three Commercial Condominium Units For Sale in Narragansett Rhode Island. Great investment opportunity w/ three incomes! Great for owner operated/occupied Business/office/restaurant - Why pay rent when you can own! NEW OPTION TO RENT AVAILABLE FOR UNIT 38C/ Commercial Kitchen, June 1st! Recent upgrades: Two Roof Top Rheem HVAC Systems, 2020. All Exterior Windows Replaced, 2020.Unit C37. C38 & C39 interiors recently renovated. The strip mall is located on busy main road, Route 108 /Point Judith Road, Narragansett, Rhode Island 02882.High Traffic Area year round. Available for Immediate Lease - Retail/ Commercial Unit in busy Narragansett Office Park! Office/Medical/Retail Commercial Spaces in Mariner Square, Building C. Great Corner Units, Private Entrance, Common Lobby, with more parking then any other building! Two units currently rented. Many options: Many options: Medical Offices, Suites, Treatment Rooms, Farmers Market, Coffee Shop, Juice Bar, Nutrition Center, Hairdresser/Stylist/ Nail Salon, Yoga/Health, Wellness, Fitness , Dance Studios, Realty & Property, Sales/ Rental Management. The potential is limitless at this Commercial Space in great location! Busy Narragansett Commercial Park; along-side 4 well established bars and restaurants, (year round as well as seasonal traffic)(Narragansett) Possibilities include but not limited to *Medical Office *Real Estate Office * Hair Stylist * Massage Therapist * Therapy studio * Meeting space *Food-Service/ Cafe /Co-Op * Retail Store Includes use of common area and parking lot. Plenty of Parking. Maintenance and property management included in fees which include exterior landscaping, garbage and snow removal.
Property Facts
1 Unit Available
Unit 37, 38, 39
| Unit Size | 3,000 SF | Cap Rate | 8.61% |
| Price | $400,000 | NOI | $34,425 |
| Price Per SF | $133.33 | No. Parking Spaces | 20 |
| Condo Use | Office/Retail | Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Unit Size | 3,000 SF |
| Price | $400,000 |
| Price Per SF | $133.33 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.61% |
| NOI | $34,425 |
| No. Parking Spaces | 20 |
| Sale Conditions | Bulk/Portfolio Sale |
Description
Three individual commercial condo units with one bathroom each and more...
Sale Notes
Prime investment property.
Amenities
- Atrium
- Bus Line
- Corner Lot
- Fenced Lot
- Mezzanine
- Property Manager on Site
- Restaurant
- Signage
- Signalized Intersection
- Enclosed Mall
- Recessed Lighting
- Air Conditioning
Nearby Major Retailers
zoning
| Zoning Code | Commercial |
| Commercial |
Presented by
Wendy Riordan
140 Point Judith Rd - Mariner Square in Narragansett, FOR SALE
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.