Skip To Content

138 Main Street

South Kingstown, RI 02879
  • $1,750,000
  • STATUS: Active
  • ON SITE: 305 Days
  • MLS #: 1309602
UPDATED: 24 min ago
$1,750,000
  • 0
    BEDS
  • 0.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,650
    SQFT
  • $202
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1988
County:

School Ratings & Info

Description

Downtown Wakefield Main Street location offers great visibility & paved parking for 40 vehicles. CD zoning allows a multitude of uses. This impressive 10,620 sq ft free-standing 2 story brick-sided office building offers 2 units - each share 2 restrooms on the 1st & 2nd floors. The "front office", currently vacant, has 4 private windowed offices plus flexible office space on the 1st floor - ideal for additional cubicle-style offices. 1st floor also has a kitchen/break room, & a good-sized conference room. The 2nd floor has a private office & spacious "flexible office space" that would accommodate additional private cubicle-style offices, & receptionist area. The rear office is now leased - the 1st floor has 8-9 private windowed offices & flexible office space area which currently contains 7 cubicle-style offices, & an area for a receptionist. The 2nd floor of this unit offers 2 large private offices, a large conference room, & 5 cubicle-style offices. Current lease generates $92,714 rent annually. Lease expires 2/28/2024. Furniture, fixtures and office equipment will not convey. The front office lease will be NN - tenant will pay 47% for water, sewer, heat, light, power & other utilities/services supplied to the Premises, all taxes(except real property tax to SK) & a proportionate share of all-risk and property insurance , & common area maintenance expenses. Tenant shall pay a reasonable proportionate share (47%) of all charges jointly metered with other Premises. LL Storage.

Monthly Payment Calculator



[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-03-25T15:37:45.677.
www.onshorerealtors.com/homes/129030817
Print Image

138 Main Street South Kingstown, RI 02879

  • Price: $1,750,000
  • Status: Active
  • On Site: 305 Days
  • Updated: 24 min ago
  • MLS #: 1309602
0
Beds
0
Baths
0
½ Baths
0.75
Acres
8,650
SQFT
$202
$/SQFT
1988
Built
Neighborhood:
Downtown Wakefield
County:
Washington
Area:
South Kingstown
Property Description
Downtown Wakefield Main Street location offers great visibility & paved parking for 40 vehicles. CD zoning allows a multitude of uses. This impressive 10,620 sq ft free-standing 2 story brick-sided office building offers 2 units - each share 2 restrooms on the 1st & 2nd floors. The "front office", currently vacant, has 4 private windowed offices plus flexible office space on the 1st floor - ideal for additional cubicle-style offices. 1st floor also has a kitchen/break room, & a good-sized conference room. The 2nd floor has a private office & spacious "flexible office space" that would accommodate additional private cubicle-style offices, & receptionist area. The rear office is now leased - the 1st floor has 8-9 private windowed offices & flexible office space area which currently contains 7 cubicle-style offices, & an area for a receptionist. The 2nd floor of this unit offers 2 large private offices, a large conference room, & 5 cubicle-style offices. Current lease generates $92,714 rent annually. Lease expires 2/28/2024. Furniture, fixtures and office equipment will not convey. The front office lease will be NN - tenant will pay 47% for water, sewer, heat, light, power & other utilities/services supplied to the Premises, all taxes(except real property tax to SK) & a proportionate share of all-risk and property insurance , & common area maintenance expenses. Tenant shall pay a reasonable proportionate share (47%) of all charges jointly metered with other Premises. LL Storage.
Exterior Features

Construction Materials BrickMasonry Fencing Fenced Foundation Details Concrete Perimeter Frontage Length 99 Levels Three Or More Parking Total 40

Interior Features

Basement Full Basement YN Yes Building Features Public Restrooms Cooling Central Air Heating CentralCommonHot WaterIndividualZoned

Property Features

Association Amenities Maintenance Business Type FinancialMedicalProfessional/OfficeParkingReal Estate Community Features GolfHighway AccessMarinaMaintenance On-SiteNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingHigh Traffic LocationStreet LightsSidewalks Electric 3 Phase Green Location Public TransportationWalkability Land Lease YN No Listing Terms LeaseLease Option Owner Pays Taxes Possible Use InvestmentMedical/DentalCommercialOffice Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Asphalt Security Features Carbon Monoxide Detector(S)Fire AlarmFire EscapeFirewall(S)Security Lights Sewer ConnectedPublic SewerSanitary Structure Type Office Tax Annual Amount 15305 Tax Assessed Value 1397700 Tax Lot 62 Tax Year 2022 Tenant Pays Common Area MaintenanceElectricityExterior MaintenanceGrounds CareHvac MaintenanceHeatHot WaterInsuranceJanitorial ServiceOther TaxSnow RemovalSewerTrash CollectionTelephoneWater Utilities Electricity AvailableNatural Gas Not AvailableMunicipal UtilitiesPhone AvailableWater ConnectedSewer Connected Water Source ConnectedPublic Zoning Cd

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Mott & Chace Sotheby's Intl.: [IDXCONTACTINFORMATION].



[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-03-25T15:37:45.677.
 
https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_3_1309602-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_3_1309602-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_3_1309602-2.jpg
Logo
Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891