119,935 SF Industrial Building on 12.88 acres | 231 Ferris Ave
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119,935 SF Industrial Building on 12.88 acres 231 Ferris Ave
119,935 SF Industrial Building East Providence, RI 02916 For Sale
Investment Highlights
- 119,935 SF Industrial Facility
- 6,000 AMP, 480 Volt, 3 Phase power, wet sprinkler system
- 12.88 acres 5 acres currently undeveloped for future expansion
Executive Summary
+/-120,000 SF industrial building including 20,000 SF of office space (10,000 SF on each of 2 floors), 12.88 acres (5 acres of undeveloped land for expansion)zoned I1, 250 parking spaces, 3 loading docks, 1 drive-in-door, wet sprinkler system, 6,000 amp, 480 Volt, 3 phase electrical power, 15' - 24' ceilings, rubber membrane roof, with municipal water and sewer. Real Estate tax of $85,746
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Owner User | Year Built | 1950 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.54/1,000 SF |
| Building Class | C | Clear Ceiling Height | 15 FT |
| Lot Size | 12.80 AC | No. Dock-High Doors/Loading | 5 |
| Rentable Building Area | 119,935 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 2 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 12.80 AC |
| Rentable Building Area | 119,935 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 1.54/1,000 SF |
| Clear Ceiling Height | 15 FT |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 1 |
Utilities
- Lighting
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Number | EPRO-000502-000005-000032 | Total Assessment | $3,584,700 |
| Land Assessment | $1,377,600 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $2,207,100 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
EPRO-000502-000005-000032
Land Assessment
$1,377,600
Improvements Assessment
$2,207,100
Total Assessment
$3,584,700
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | I-1 |
| I-1 |
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119,935 SF Industrial Building on 12.88 acres | 231 Ferris Ave
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