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Multi-Tenant Specialty Building
For Sale
$789,500

197 Putnam Pike, Johnston, RI 02919

Three occupied suites and five overhead doors support a range of commercial operations.

Property Size8,500 SF
Price / SF$92.88
Days on Market106

Property Features for 197 Putnam Pike

General Information

Standard status Active
Size 8,500 SF
Property subtype Commercial
Zoning B2
Occupancy 100%

Site & Location

Corner Location Yes
Highway Access Yes

Additional Details

Tenant in Place Yes

Building Details

Year Built 1940
Buildings 1
Tenancy Multi
Listing Agency: RE/MAX Professionals
Listed By: Stacia Pietropaolo · License #RES.0040267
Source: Milburyre
Added: Jul 12 Changed: Oct 23 Last Checked: Oct 24 at 10:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Professionals

Rey
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Investment Insights

Based on property information with market context.

This 8,500-square-foot specialty property dates to 1940 and is configured for three tenants, all of whom currently occupy the building under leases. Five overhead doors provide direct access to the interior, supporting its commercial setup.

The property sits on a corner lot along Route 44, with convenient access to Route 295. B2 zoning applies.

Key Highlights

  • Fully occupied by 3 tenants with leases in place
  • 8,500 SF commercial building
  • 5 overhead doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby

Demographics for 02919, RI

29,473
Population
11,993
Households
2.5
Avg Household Size
45
Median Age
29%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,254
Density / Sq Mi
$87,811
Median Household Income
$56,068
Median Earnings
$1,259
Median Rent
$326,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Specialty property - Three occupied suites and five overhead doors support a range of commercial operations.
Where is this specialty property located?
The property is located at 197 Putnam Pike Johnston, RI.
What is the asking price?
The asking price for this property is $789,500.
What are key features of this property?
This property features: Fully occupied by 3 tenants with leases in place; 8,500 SF commercial building; 5 overhead doors
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