Price Reduced 12.90%


Price History

$1,550,000
5/24/2023

$1,350,000
8/23/2023


138 Main Street, South Kingstown, RI, 02879

138 Main Street, South Kingstown, RI, 02879

1988

NEW PRICE! Downtown Wakefield. Main Street location offers great visibility & paved parking for 40+/- vehicles. CD zoning allows a multitude of uses. This impressive 10,620 sq.ft free-standing 2 story brick-sided office building offers 2 units - each share 2 restrooms on the 1st & 2nd floors. The "front office" is currently vacant. The 1st floor has 4 private windowed offices, conference room and kitchen/break room - plus large flexible office space area ideal for cubicle-style offices. The 2nd floor has a private office & spacious flexible office space area that would accommodate additional private cubicle-style offices, & receptionist area. The "rear office" is currently leased until 2/28/24. The 1st floor has 8-9 private windowed offices & flexible office space area which currently contains 7 cubicle-style offices, & an area for a receptionist. The 2nd floor of this unit offers 2 large private offices, a large conference room, & 5 cubicle-style offices. Current lease generates $92,714 in rent annually. Building's lower level provides ample storage, kitchen/conference room, and utility room(s). Total building square footage includes common areas: lobby, hallways, and other finished areas. Owner pays property taxes. Furniture, fixtures & office equipment will not convey.


Status:

Pending

Type:

Commercial

Units:

2

Zoning:

CD

Frontage:

99

Complex:

Downtown Wakefield

Heating:

Central, Common, Hot Water, Individual, Zoned

Cooling:

Central Air

Basement:

Full

Parking:

40-car

Acreage:

0.75

Est. Taxes:

$15,305

Assessment

$1,397,700

Permitted Use

Commercial,Investment,Medical/Dental,Office

Construction

Brick,Masonry

Utilities

Electricity Available,Natural Gas Not Available,Municipal Utilities,Phone Available,Water Connected,Sewer Connected

Amenities:

MaintenanceGolf, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, High Traffic Location, Street Lights, Sidewalks

Days on Market:

324

MLS #:

1336205


Community Info

School Info

Walk Score

Mass Transit

Yelp


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