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Key Details
Sold Price $577,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $206
Subdivision Post Road North Kingstown
MLS Listing ID 1320827
Sold Date 03/08/23
HOA Y/N No
Abv Grd Liv Area 2,800
Year Built 1944
Annual Tax Amount $7,731
Tax Year 2021
Lot Size 7,405 Sqft
Property Description
This multi-use property has the best of both worlds: A commercial/office rental space and a 3 bedroom residential rental. With the commercial side located on the high traffic area of Post Road and the residential side set back on King Phillip Drive, both income generating spaces are able to maintain separate identities. Once inside the commercial side, you'll notice the large waiting room area. There are several offices/rooms and plenty of space for a lab or additional office, as well as a break area for staff. The residential side has a one car garage with an enclosed breezeway connecting it to the home. The well portioned kitchen connects to a dining area and hallway leading to the living room and primary bedroom. A full bath is on the main floor as well. Two additional bedrooms are located upstairs. A full basement provides plenty of space for storage. Both units have seen upgraded utilities in recent years as well as newer paint. This property is a win-win for the investor, business owner or entrepreneur looking to take advantage of both the commercial and residential rental markets.
Location
State RI
County Washington
Community Post Road North Kingstown
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Furnishings Unfurnished
Exterior
Community Features High Traffic Location, Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected
Street Surface Asphalt
Total Parking Spaces 1
Building
Story 1
Foundation Concrete Perimeter
Sewer Septic Tank
Water Connected
Level or Stories 1
New Construction No
Others
Tax ID 6749POSTRDNKNG
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Financing Conventional
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Bought with Coldwell Banker Realty