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Key Details
Sold Price $775,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,729 sqft
Price per Sqft $135
Subdivision Wickford
MLS Listing ID 1290626
Sold Date 09/30/21
Maintenance Fees $1,800
HOA Y/N No
Abv Grd Liv Area 5,729
Year Built 1900
Annual Tax Amount $9,126
Tax Year 2021
Lot Size 5.490 Acres
Acres 5.49
Property Description
Incredible investment opportunity awaits you at this 5 1/2 acre property located on Ten Rod Rd just outside Wickford Village, next to train station, close to shopping plazas and Rt 4. Two adjoining parcels to be sold together. #915 property is situated on 5.44 acres and currently has a 4-family property, large barn and garage on the front of the property generating approximately $80,000 in yearly income with tremendous expansion potential on the back undeveloped portion of the lot. General Business zone with many potential uses including agricultural, medical, office space, retail, restaurant, etc. Recent improvements to the existing buildings include new roofing, exterior repainting, and 2 remodeled residential rental units, public water and septic. #917 property is on a 0.05 acre lot with 2-commercial units in 1-stand-alone building that used to be the old train ticketing station. Also located in a General Business zone with many potential uses including medical, office space, retail, restaurant, etc. Recent improvements to the existing building include new roof and exterior painting. #917 property is on a cesspool and well water with oil forced hot air heating system. #917 property is currently generating $24,000 in yearly income. P&L statements vavailable for both 915 and 917 properties. See the individual listings (MLS #'s 1290327 and 1290424) for more information.
Location
State RI
County Washington
Community Wickford
Zoning GB
Rooms
Basement Dirt Floor
Interior
Heating Baseboard, Forced Air
Cooling None
Furnishings Unfurnished
Exterior
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
Utilities Available Cable Available, Electricity Available, Municipal Utilities, Water Connected
Street Surface Dirt
Total Parking Spaces 12
Garage Yes
Building
Lot Description Wooded
Story 2
Foundation Block, Concrete Perimeter, Stone
Sewer Cesspool, Septic Tank
Water Connected, Public, Well
Level or Stories 2
Additional Building Barn(s)
Structure Type Frame
New Construction No
Others
Tax ID 915917TENRODRDNKNG
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Financing Cash
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