138 Main St, South Kingstown, RI

$1,950,000

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8,650

Square feet

0.75

Acres

About 138 Main St

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.

Features of 138 Main St

MLS® # 1309602
Price $1,950,000
Bathrooms 0.00
Square Footage 8,650
Square Footage 32670.00
Acres 0.75
Year Built 1988
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 138 Main St
Subdivision Downtown Wakefield
City South Kingstown
County Washington
State RI
Zip Code 02879

Amenities

Amenities Maintenance
Utilities Sewer Connected, Electricity Available, Municipal Utilities, Natural Gas Not Available, Phone Available, Water Connected
Parking Spaces 40
Is Waterfront No
Has Pool No

Interior

Heating Central, Common, Hot Water, Individual, Zoned
Cooling Central Air
Fireplace No
# of Stories 3
Stories 3
Has Basement Yes
Basement Full

Exterior

Exterior Brick, Masonry
Construction Brick, Masonry
Foundation Concrete Perimeter

Additional Information

Date Listed May 23rd, 2022
Days on Market 124
Zoning CD
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeMott & Chace Sotheby's Intl.

Listing Map

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