- Retail residential properties
Current Use by Public Records
- Press Express Cleaners / Cleaners
Property Details
- Property type
- Retail residential properties
Description
The building was built for a drycleaning and laundry operation. The equipment is considered state of art and up to date in the drycleaning business using non-perc solvent, NO EPA issues. To open a new operation, will cost $750,000. This drycleaner & laundry operating on retail business was also doing fabric restoration for many insurances company. Showing gross sales of $7,000,000 one year. The building has central heat and air. Has sufficient power to operate heavy equipment. All utilities water, sewer, gas and electric onsite. There two additional residentials lot that included in the total package. The digital sign cost the owner over $50,000. There are only two of these signs in the city. The commercial real estate, 2 residentials lot and all the business asset is sold as one package. Will not divide or sell separately. This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, additions, changes or withdrawn from the market. All assets are sold in “as” and “as seen” condition. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information.
Value Estimations
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CAP approach
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Comparable approach
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Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- State
- Rhode Island
- Longitude
- -71.391869
- Latitude
- 41.705094