Located in the bustling downtown neighborhood of Perryville, this 2,000 sq ft commercial building offers unmatched investment potential. Currently operating as a machine shop, and has been since 1956. The property features a versatile layout which makes it ideal for many uses. This is a prime Location on a high-traffic State Road with excellent visibility and accessibility.
With zoning that supports a variety of uses, this property offers significant potential for future growth and redevelopment. Whatever you envision, this building provides the foundation for substantial returns on investment. Schedule a viewing today to explore its potential!
Cooling:
1 Unit, Wall Unit(s)
Permitted Use
Automotive,Commercial,Development,Medical/Dental,Multi-Family,Mini Storage,Mixed Use,Office,Residential,Highway/Tourist Service,Warehouse
Construction
Frame,Masonry,Other
Utilities
Electricity Available,Fiber Optic Available,Municipal Utilities,Phone Available,Water Connected,Sewer Not Available
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Listing courtesy of Real Broker, LLC 855-450-0442
2196 Post Road, South Kingstown, RI, 02879
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB