308 NW East School St Woonsocket, RI 02895

Price
$1,795,000
Listed On
Type
For Sale
Status
Pending
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
308 NW East School St, Woonsocket, RI 02895
160000 sqft
Asking  $1,795,000

Snapshot

Property Type
Other
Lot Size
5.36 acres
Property Sqft
160,000
MLS Number
1295129
Year Built
1904
Days On Market

Description

This is a portfolio sale comprising of two properties containing four buildings on approx. six acres. 105,000 SF of space is presently occupied and the projected N.O.I of 229K is based on the entire property being rented. This also factors in a 10% vacancy rate. There have been substantial improvements made over the last five years and while more work remains to be completed, there will be a substantial upside to the cash flow upon completion. This property also features, lots of parking, front loading docks, high ceilings, open floor space and storage. It's located near the highway and provides for easy access from routes 146, I495 & I295. It's located in the Industrial zone, which is not only ideal for ecommerce but may be the ideal setting for the future Marijuana grow market. Please note that some numbers being reported are projected based on full occupancy.

More Details

Provider
Keller Williams Realty of Newport / East Bay / North Kingstown
MLS ID
SWMLSRI
MLS Name
State Wide MLS of Rhode Island, Inc.
MLS Number
1295129
Source
listhub
PARTICIPANT
Name
The NMR Group
Primary Phone
(401) 529-6300
Key
3YD-SWMLSRI-34274
Email
alex@nextmoverealty.net
BROKER
Name
Keller Williams Realty of Newport / East Bay / North Kingstown
Phone
(401) 845-9200
OFFICE
Name
Keller Williams Coastal
Phone
(401) 845-9200
Copyright © 2023 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listed For Sale$1,795,000 $11Keller Williams Coastal
Report issue with price history

Nearby Schools

High School

Beacon Charter School

0.5 miles away09 - 12

Middle School

Woonsocket Middle School

0.5 miles away06 - 08

Elementary School

Harris School

0.4 miles awayKG - 05
Show more
Get more info on 308 NW East School St, Woonsocket, RI 02895
Profile
The NMR Group
Listing Agent
(401) 529-6300
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
The NMR Group
Listing Agent
(401) 529-6300
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.