138 Main Street, South Kingstown, RI 02879

$2,195,000
8,650
SqFt
List Price
$2,195,000
MLS#
RIS-1309602
Status
ACTIVE
County
Washington
City
South Kingstown
Subdivision
Downtown Wakefield
Living Area
8,650
Acres
0.75

Property Description

Downtown Wakefield Main Street location offers great visibility & paved parking for 40 vehicles. CD zoning allows a multitude of uses. This impressive 10,670 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.

Additional Information

Days on Market
32
Year Built
1988
Stories
3
Amenities
Maintenance
Cooling
Central Air
Heating
Central, Common, Hot Water, Individual, Zoned
Parking Spaces
40

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Calculator source: Real Geeks

Listing courtesy of Jay Readyhough from Mott & Chace Sotheby's Intl.

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