$1,175,000
$1,278,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
416 Buttonwoods AVE Warwick, RI 02886
14,336 SqFt
Key Details
Sold Price $1,175,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 14,336 sqft
Price per Sqft $81
Subdivision Buttonwoods
MLS Listing ID 1323327
Sold Date 01/16/24
HOA Y/N No
Abv Grd Liv Area 14,336
Year Built 1950
Annual Tax Amount $25,867
Tax Year 2023
Lot Size 1.820 Acres
Acres 1.82
Property Sub-Type Commercial
Property Description
Extremely rare opportunity to own a piece of history! Beloved Buttonwoods Terrace is on the market. This 14,336 SQ FT Plaza is located in a sought after residential community close to the water. This strip plaza is located on 1.82 acres with an oversized parking lot with approximately 80+ spots. The plaza consists of 10 units featuring everything from restaurants like the famous Buttonwoods Fish & Chips and Pizza Plus to Providence Pole Fitness, a Church, Bridge Club and Hair Salon just to mention a few. Unique plaza is located in a residential neighborhood and is a destination that is sought out by loyal customers and newbies alike. Well maintained building is clean, fully occupied and busy! Most all units have central air but a couple have mini-splits. Heat is forced warm air via natural gas. City water and sewer. Fully connected alarm system direct to the Fire Station. 8.75% Cap Rate! Act now to seize the day and be the next owner of this cherished neighborhood hotspot!
Location
State RI
County Kent
Community Buttonwoods
Zoning Mdl-94
Rooms
Basement None
Interior
Heating Baseboard, Gas
Cooling Central Air, 1 Unit
Exterior
Community Features Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected
Street Surface Asphalt,Paved
Total Parking Spaces 80
Building
Story 1
Foundation Block, Concrete Perimeter
Sewer Connected, Public Sewer, Sanitary, Storm Sewer
Water Connected, Public
Level or Stories 1
Structure Type Frame
New Construction No
Others
Tax ID 416BUTTONWOODSAVWARW
Security Features Carbon Monoxide Detector(s),Fire Alarm,Smoke Detector(s)
Financing Conventional
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