$1,195,000
Active64 Bay Spring Ave
Barrington, RI, 02806
Commercial · MLS #73422037
Days on market
New today
Lot size
0.39 ac
0.39 acres
Lot
About this home
Prime location, very rare opportunity to own a free standing commercial building in the Town of Barrington. Ideal investment for either a business owner operator or a passive investor. Current business is a month to month tenancy, and has occupied this building for 30 years, rent is below market average (projections and financials by request), prime option for NNN lease. Buyer has full flexibility as there is no current lease in place. Current tenant could sign a lease with the new owner or the new owner can exercise the 30 day right to cancel the tenancy. The Building is constructed of concrete block, has a flat rubber roof, a wood frame addition along with all new HVAC units was installed just several years ago. Connected to town water, sewer, and gas. Plenty of electric panels to power most any uses. Currently used as a Child Care center for the past 30 years by the same company. Lots of paved parking along with an overflow parking area in the back of the property that could serve a
Location
64 Bay Spring Ave, Barrington, RI, 02806
Property details
- Parking
- Assigned, Deeded, 21+ Spaces, Paved Driveway, Permeable Pavement
Listed by Hillary Rotondo · Haven Realty Co LLC
Schedule a showing
64 Bay Spring Ave
Estimated payment
$7,735 / month
Loan term
- Principal & interest
- $6,043
- Property tax
- $1,195
- Home insurance
- $498
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).