382 Thames Street, Bristol RI | 382 Thames St
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382 Thames Street, Bristol RI 382 Thames St
6,516 SF 100% Leased Retail Building Bristol, RI 02809 $1,995,000 ($306/SF)
Investment Highlights
- Walking distance to the Bristol Harbor Inn Hotel and Event Center
- Off street parking and easy access by car, bike or by foot
Executive Summary
Waterfront District! Free standing building consisting of three separate units, two of which are currently occupied by independent restaurants with long-term NNN leases. Third unit is a warehouse type space currently occupied by Owner which will be listed for lease with over 2,500 square feet. Separate utilities, off street parking and easy access by car, bike or by foot. Over 115 feet of frontage located directly across from Bristol Harbor, 80 high end condominiums, the East Bay bike path and Independence Park. Also, walking distance to the Bristol Harbor Inn Hotel and Event Center and attractions in this high traffic Downtown Bristol location. The possibilities for this property are endless and not limited to a possible condo conversion, additions, etc. New legislation may allow for additional residential units which would offer water views of Bristol Harbor. Buyer to perform their own due diligence.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,516 SF
Building Class
B
Year Built
1900
Price
$1,995,000
Price Per SF
$306
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
W - Waterfront District
Parking
11 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
118 FT on Thames St
Amenities
- Bus Line
- Waterfront
Walk Score ®
Very Walkable (88)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | BRIS-000009-000000-000015 | Improvements Assessment | $605,300 |
| Land Assessment | $259,200 | Total Assessment | $864,500 |
PROPERTY TAXES
Parcel Number
BRIS-000009-000000-000015
Land Assessment
$259,200
Improvements Assessment
$605,300
Total Assessment
$864,500
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382 Thames Street, Bristol RI | 382 Thames St
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