Buxton
$1,225,000
400 Narragansett Trail
mls: 1652311
Bathrooms: 0
Year Built: 1987
Sq Footage: 15,176
Lot Size: 1.6
Taxes: $13,526
Status: Active

PRICE CORRECTION! Located on the corner of Narragansett Trail (Route 202) and Main Street/Portland Road, and at a lighted intersection, this highly visible property is available for sale.

Listed by: John Graham Real Estate

PRICE CORRECTION! Located on the corner of Narragansett Trail (Route 202) and Main Street/Portland Road, and at a lighted intersection, this highly visible property is available for sale. Aubuchon recently made a significant investment in upgrading the space it has occupied since 2003. Aubuchon has an NNN lease with performance bounces that runs through 2043. There is also an additional 3,500+/- square foot two floor front section awaiting the next owners. A strong 7.5% Cap Rate with front section vacant! Over 10% Cap Rate when leased! Perfect for an owner user looking for a high visibility location or the investor looking to add value. Priced to sell and encouraging offers.

Listed by: John Graham Real Estate

Accessibility Features
Appliances
Architectural Style
Basement
Bathrooms Total Integer
0
Body Type
Building Area Total
15176.00
Construction Materials
Cooling
Heat Pump
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Heavy Duty
Foundation Details
Green Energy Efficient
Heating
Blowers
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Business District
Lot Size Acres
1.6000
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Metal, Shingle
Sewer
Mound Septic
Tax Annual Amount
13526.00
Utilities
Water Source
Private, Well
Year Built
1987
Zoning
Business Commercial