345 Compass Circle, #20 & 21, North Kingstown, RI, 02852 | $599,900

Welcome to a rare opportunity in North Kingstown's highly sought-after West Davisville Business Park. This clean, well-maintained warehouse space offers unique and rare 2, 400 square feet and is perfect for a variety of commercial or industrial uses. Featuring two 14-foot overhead garage doors, the unit provides an open interior layout with impressive ceiling heights of 17 20 feet, making it ideal for everything from storage to operations. A 9, 000 lb Bendpak GP-9XLT car lift is already installed perfect for auto-related businesses or hobbyists. There's also a bathroom and storage closet for added functionality. Conveniently located just off Route 4, this space offers easy highway, air, rail and the port of Davisville access for trucks and service vehicles, and it's less than an hour to both Massachusetts and Connecticut. Whether you're an owner/operator, investor, or enthusiast looking for space for autos, boats, or recreational vehicles, this flex space checks all the boxes. Zoning allows for a wide range of uses including: auto-related services, light manufacturing, wholesale, warehouse/distribution, contractor work, or general storage.

Features

  • Property Type: Commercial
  • Permitted Use: Automotive,Commercial,Industrial,Office,Other,See Remarks,Warehouse
  • Construction: Masonry
  • Utilities: Cable Available,Electricity Available,Fiber Optic Available,Natural Gas Connected,Municipal Utilities,Phone Available,Underground Utilities,Water Connected,Sewer Connected
  • Parking: 10-car
  • Heating: Forced Air
  • Cooling: None
  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Other,Pool,Public Transportation,Recreation Area,Restaurant,Shopping,See Remarks,Tennis Court(s),Street Lights
  • Units: 1
  • Zoning: QBPD
  • Year Built: 2016
  • Est. Taxes: $5,913
  • HOA Fee: $250 Monthly
  • MLS#: 1389933
  • Website: https://www.raveis.com
    /prop/1389933/345compasscircle_northkingstown_ri?source=qrflyer
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Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by RI Real Estate Services   Phone: 401-885-5400

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

345 Compass Circle, #20 & 21, North Kingstown, RI, 02852

$599,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,920 $479,920 $479,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.357% 6.520% 5.880%
Monthly Tax Payment $493 $493 $493
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,839 $2,994 $3,953
Total Monthly Payment $3,424 $3,579 $4,538

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.