132 Oak Street
132 Oak Street Westerly, Rhode Island 02891 United States

$1,750,000
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Listing Courtesy of Coldwell Banker Coastal Homes
$1,750,000
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.77 Acres
Exterior
Commercial
Property type
1960
Year Built
1298038
Web Id
1298038
MLS ID
Westerly
School District
27
days ago

About 132 Oak Street

Turn key business with long term tenants in place. Business brings in over 8K a month with the owner occupying 2500 sq ft of garage space valued at $2500 per month and 1000 sq ft of residential valued at $1500 per month. So total investment income could be over 11k a month. .Everything updated and new within the past 10 yrs. Windows, siding, heating, ac etc. City Sewer and water with a main garage that has 5 bays and 15 plus foot ceilings, car lift with room for 4 more lifts. Also storage above the main garage and possible office. Property also has around 1000 sqft 1 bedroom/bath apartment with high end finishing. 2 offices with bathrooms and ac and a front retail shop complete the main building. Rear building features six bays that are all rented, all include separate utilities, offices and bathrooms with oversized 12 ft garage doors. There is a detached 1 car garage as well. Included in this sale are 13 containers that rent for 100 per month all in excellent shape. Other important features are 3 phase electrical, rear building fire protected monitoring, Owner also had plans approved for an additional 40ft x 30ft building that could potentially be revisited. Property is ZONED GI GENERAL INDUSTRY, highly sought after zoning!!!!

PROPERTY INFORMATION

Cooling
Central Air
Heating
Central Air, Central Heat, Forced Air, Individual Control
Location
Free Standing, Industrial Park
Sewer
Public Connected
Water
Public Connected
Listing Courtesy of Coldwell Banker Coastal Homes
Listing Courtesy of Coldwell Banker Coastal Homes
Advertiser Logo
Listing Courtesy of Coldwell Banker Coastal Homes
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