8 Ridgewood Rd, Charlestown RI 02813, Charlestown, Commercial/Business

$ 1,195,000
8 Ridgewood Rd, Charlestown RI 02813,
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Overview

  • Updated On:
  • April 10, 2023

Description

Over 30 year old independently run hardware store in South County RI. This locally operated store is a tremendous resource to contractors, municipalities, farms, year-round and seasonal vacation homes in this captive marketplace. This business has clearly filled a niche with an established and expanding customer base along the south shore of Washington County. The property consists of a retail store, office, storage and a residential 2 bedroom apartment that provides additional income as a rental. There are multiple outbuildings, storage sheds and pods. Also multiple coal bins and large pre-engineered metal warehouse/garage outbuilding. This unique business is geared to support contractors and southern Rhode island consumers with plumbing, electrical, cleaning, and painting sundries, lawn and garden supplies and much more. The store also carries and delivers bulk coal as well as pellets and has a propane filling station. Other services include key making, sharpening services, faxing, copying and laminating. Assets include a skid steer, coal truck and new POS (point of sale) system. There are many opportunities to expand the business model and capitalize on the home improvement trends in a very attractive geography with a stable and growing customer base. This is a time-proven opportunity to own and run your own business and make a very good living for an owner or investor.

Address: 8 Ridgewood Rd, Charlestown RI 02813
State/County:
Zip: 02813
Country: US
Open In Google Maps
Property Id : 52573
Price: $ 1,195,000
Property Lot Size: 1 ft2
Association Fee: 0
Basement: None
Bridge Modification Timestamp: 2023-04-10T15:04:02.806Z
Building Area Total: 0
Building Features: Garage,Security Lights
Business Type: Commercial,Mixed,Office,Recreation,Residential,Retail
Cap Rate: 6.5
Community Features: Highway Access,Hospital
Construction Materials: Frame,Steel
Contract Status Change Date: 2021-03-26
Cooling: Central Air
Door Features: Loading Door: 11-14 Ft
Electric: 100 Amp Service,Circuit Breakers
Foundation Details: Concrete Perimeter,Unknown
Frontage Length: 140
Heating: Baseboard,Forced Air
Insurance Expense: 10735
List Agent Direct Phone: 401-742-8339
List Agent Email: Jkrekorian@rihomesearch.com
List Agent Full Name: John Krekorian
Listing Contract Date: 2021-03-26
Listing Id: 1277683
Living Area Units: Square Feet
Lot Features: Security,Free Standing,Suburban
Lot Size Area: 36590
Lot Size Square Feet: 36590
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2023-04-10T15:02:33.407Z
Number Of Buildings: 2
Number of Units in Community: 2
Number of Units Total: 2
Occupant Type: Tenant
Original Entry Timestamp: 2021-03-26T17:31:34.067Z
Original List Price: 1195000
Owner Pays: Air Condition,Parking,Taxes
Ownership Type: LLC
Parking Total: 25
Possible Use: Agricultural,Commercial,Investment,Mixed Use,Office,Retail,Warehouse,Commercial
Road Surface Type: Black Tar
Seating Capacity: 0
Security Features: Building Security,Carbon Monoxide Detector(s),Key Card Entry
Sewer: Septic Tank
State or Province: RI
Status Change Timestamp: 2021-03-26T17:31:34.067Z
Stories: 2
Stories Total: 2
Street Name: Ridgewood Rd
Street Number: 8
Tax Annual Amount: 2757
Tax Year: 2020
Utilities: Electricity Connected,Fiber Optic,Private Well,Phone Connected
Water Source: Well
Year Built: 1960
Year Established: 1990
Years Current Owner: 9
Zoning: MDL-94
Other Features
Ceiling Height: 7-9 Ft
Electrical Utility Available
Has Cooling System
Has Heating System
$ 4,633.25
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,633.25

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