440 Main St. Ashaway, RI
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Two industrial buildings with additional income from residential rental.
Type:INDUSTRIAL
Property size:
9,100 SFLot size:
1.09 AcresPrice / SF:
$68/SF- Added:
- May 12, 2022
- Days on Market:
- 1450
- Last Refresh:
- Apr 5 at 8:40 pm
Property Features for 440 Main St.
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Lot size
- 1.09 Acres
- Property subtype
- INDUSTRIAL
Listing agent Ann Foncellino (401) 487-6001
Listing office Coldwell Banker Realty | Franklin/Cumberland (401) 487-6001
Listing date May 12, 2022
Source Moodyscre
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 Coldwell Banker Realty | Franklin/Cumberland
Overview
Industrial Buildings with Income Potential
This property features two buildings with a gross building area of 9,100 square feet. The property also includes a two-family house with a two-bedroom and a three-bedroom unit, generating a total of $2,500 per month plus triple net. The industrial building was previously used as a machine shop and includes overhead cranes. With town approval, other potential uses include woodworking, warehouse, auto sales and service, light manufacturing, food service, and a garden center. The proforma lease for the industrial building is $8.50 per square foot, triple net, or $3,000 per month. The property has 3-phase electric power and two overhead doors. It offers convenient access to and from I-95.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Manufacturing properties
Location Insight
- Map
- Local Demand
- City
- Ashaway
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.7822
- Latitude
- 41.4551
FAQs
What type of property is this?
Manufacturing property - Two industrial buildings with additional income from residential rental.
Where is this manufacturing property located?
The property is located at 440 Main St. Ashaway, RI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two buildings included: a 2‑family house generating $2500/month plus triple net, and an industrial building.; Industrial building's potential for $8.50/sq ft triple net lease, projecting $3000/month income.; Versatile industrial building suitable for various uses with town approval: woodworking, warehouse, auto sales & service, light manufacturing, food service, garden center.
