$1,225,000
MLS#: 1652311
- Type: Commercial
- Lot Size: 1.6 Acres
- Year Built: 1987
Property Details
PRICE CORRECTION! Located on the corner of Narragansett Trail (Route 202) and Main Street/Portland Road, and at a lighted intersection, this highly visible property is available for sale. Aubuchon recently made a significant investment in upgrading the space it has occupied since 2003. Aubuchon has an NNN lease with performance bounces that runs through 2043. There is also an additional 3,500+/- square foot two floor front section awaiting the next owners. A strong 7.5% Cap Rate with front section vacant! Over 10% Cap Rate when leased! Perfect for an owner user looking for a high visibility location or the investor looking to add value. Priced to sell and encouraging offers.
Property Listed by: John Graham Real Estate
Land Features
Electric:
Circuit Breakers
Zoning:
Business Commercial
Map (approximate)
