655 Metacom AveBristol, RI 02809

Property Details for 655 Metacom Ave

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.78 AC

Property size (Sq ft)

29,972 SF

Zone code

GB

Property type

Other commercial real estate

Property subtype

Showrooms

APN

BRIS M:94 L:7

APU

BRISM94L7

Description

This exceptional property presents a unique opportunity for businesses seeking modern, furnished office space. Located in a GB zoned area, this single-tenant building offers 2,600 square feet of climate-controlled space, spread across multiple 12x12 office suites. Each suite is brand new and comes fully furnished with a desk and chairs, providing immediate occupancy. The property boasts a total of 164 parking spaces, ensuring ample convenience for employees and clients. Beyond individual suites, tenants enjoy access to shared amenities including a fully equipped kitchen, restrooms, a comfortable lounge/reception area, and free printing/copying services. The expansive 164,657 square foot lot provides ample room for future expansion or outdoor activities. The building itself is a single-story structure with 290 feet of frontage, offering excellent visibility and accessibility. This versatile property is suitable for a variety of uses, including traditional office, executive office, creative office, and even some agricultural or specialty service businesses, given its size and zoning. The all-inclusive nature of this offering eliminates the need for costly build-outs, utility management, and maintenance, allowing businesses to focus on growth and profitability. This is an ideal solution for entrepreneurs and small businesses seeking a turnkey office environment in a convenient and well-equipped setting.

• CAP approach

  CAP return

  Valuation

  6%

  $7,284,242

  6.5%

  $6,723,916

  7%

  $6,243,636

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,868,677

  Geo Method

  $9,868,677

• Alternative Use

  Use

  Valuation

  Residential

  $5,671,874

  Hospitality

  $5,195,406

  Educational

  $4,322,518

  Medical

  $4,471,176

  Retail

  $6,723,916

Location Insight

City

Bristol

County

Bristol

State

Rhode Island

Latitude

41.7002

Longitude

-71.266

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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