aisellshomes.space

$1,195,000

Active

64 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

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$7,735 / month

Down payment20% · $239,000
Interest rate6.50%

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).