559 Killingly St 8,948 SF 100% Leased Retail Building Johnston, RI 02919 $1,852,731 CAD ($207.06 CAD/SF) 7.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy Traffic
- Corner Location w/ 1+ acre
EXECUTIVE SUMMARY
** Real Estate Only ** 2 parcels totaling 1+ acre on Busy Killingly St. Excellent highway access to RI 6,295 & 95. Great development opportunity, or existing use with NOI.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,948 SF
Building Class
C
Year Built
1930
Price
$1,852,731 CAD
Price Per SF
$207.06 CAD
Cap Rate
7.30%
NOI
$135,249 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
1.10 AC
Zoning
B2
Frontage
207’ on Killingly
AMENITIES
- Corner Lot
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $431,642 CAD | |
| Land Assessment | $514,435 CAD | Total Assessment | $946,077 CAD |
