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132 Oak Street Westerly

$1,350,000
0 9,715 sq ft

The Property

Turn key business with long term tenants in place. Business brings in over 8K a month with the owner occupying 2500 sq ft of garage space valued at $2500 per month and 1000 sq ft of residential valued at $1500 per month. So total investment income could be over 11k a month. .Everything updated and new within the past 10 yrs.

Windows, siding, heating, ac etc. City Sewer and water with a main garage that has 5 bays and 15 plus foot ceilings, car lift with room for 4 more lifts. Also storage above the main garage and possible office. Property also has around 1000 sqft 1 bedroom/bath apartment with high end finishing. 2 offices with bathrooms and ac and a front retail shop complete the main building. Rear building features six bays that are all rented, all include separate utilities, offices and bathrooms with oversized 12 ft garage doors. There is a detached 1 car garage as well. Included in this sale are 13 containers that rent for 100 per month all in excellent shape. Other important features are 3 phase electrical, rear building fire protected monitoring, Owner also had plans approved for an additional 40ft x 30ft building that could potentially be revisited. Property is ZONED GI GENERAL INDUSTRY, highly sought after zoning!!!!

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Listing Details

MLS Number

1298038

Lot Size:

0.77 acres

Features

  • Garage
  • Heating: Central Air, Central Heat, Forced Air, Individual Control
  • Laundry
  • Type: Industrial
  • Year Built: 1960

Listed by Coldwell Banker Coastal Homes

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