112 Ashaway Rd Bradford, RI 02808
- Showrooms
- 9,265 SF
- 1.10 lot acres
Sep 23, 2024
Current Use by Public Records
- Amalfi Catering Group / Self-Catering Accommodation
Property Details for 112 Ashaway Rd
- Year built
- 1950
- Construction
- FRAME
- Lot size
- 1.10 lot acres
- Property size
- 9,265 SF
- Property type
- Showrooms
- APN
- WEST M:29 B:86
- APU
- WESTM29B86
Description
This Westerly, Rhode Island property at 112 Ashaway Road presents a unique investment opportunity. The 1.1-acre lot encompasses 47,906 square feet and includes a recently renovated, 8,800 square foot building constructed in 2002. The building, formerly a banquet facility, offers versatile space ideal for various commercial uses including retail, wholesale, showroom, or indoor recreation. The layout includes a 4,702 square foot ballroom, two shops totaling 2,456 square feet (Shop #1: 1,602 sq ft, Shop #2: 854 sq ft), and 1,642 square feet of second-floor office space. A former commercial kitchen in Shops 1 & 2 has been converted into warehouse or storage space. The property boasts over 50 parking spaces and is zoned GC General Commercial, allowing for a wide range of permitted uses. The property is offered vacant and "as is" for sale to an owner-user, unless and until spaces are leased. The asking price is $889,000. The property is also available for lease (see MLS for details). This is a rare opportunity to acquire a substantial commercial space with extensive parking in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $375,000
- ML approach
- $385,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $560,000
Market price range: $560k - $1.71M
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Location Insight
- Map
- Local Demand
- City
- Bradford
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.8042
- Latitude
- 41.3943
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA