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559 Killingly St
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559 Killingly St
8,948 SF 100% Leased Retail Building Johnston, RI 02919 $1,295,000 ($145/SF) 7.30% Cap Rate
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INVESTMENT HIGHLIGHTS
- Heavy Traffic
- Corner Location w/ 1+ acre
EXECUTIVE SUMMARY
** Real Estate Only ** 2 parcels totaling 1+ acre on Busy Killingly St. Excellent highway access to RI 6,295 & 95. Great development opportunity, or existing use with NOI.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,948 SF
Building Class
C
Year Built
1930
Price
$1,295,000
Price Per SF
$145
Cap Rate
7.30%
NOI
$94,535
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
1.10 AC
Zoning
B2
Frontage
207 FT on Killingly
AMENITIES
- Corner Lot
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $300,300 | |
Land Assessment | $357,900 | Total Assessment | $658,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$357,900
Improvements Assessment
$300,300
Total Assessment
$658,200
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Presented by
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559 Killingly St
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