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Village Commons 211 Main St 5,714 SF 83% Leased Retail Building Ashaway, RI 02804 $1,186,532 CAD ($207.65 CAD/SF)

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EXECUTIVE SUMMARY

If you are looking for a solid investment, look no further. Well established strip mall with longtime tenants. State road that sees thousands of cars a day! Main artery into Westerly and local beaches. Less than 1 mile from Rt 95. Great income generated. Solid cap rate! Come take a look.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,714 SF
Building Class
B
Year Built
1970
Price
$1,186,532 CAD
Price Per SF
$207.65 CAD
Percent Leased
83%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.26
Lot Size
0.50 AC
Zoning
NB - NEIGHBORHOOD BUSINESS
Parking
20 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
137’ on Main St

AMENITIES

  • 24 Hour Access
  • Courtyard
  • Food Court
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Body Works Therapeutic Massage
  • Services
  • 500 SF
  • -
  • -
  • -
  • Melissa Shear Madness
  • Services
  • -
  • -
  • -
  • -
  • REVIVE COLLECTABLES
  • Arts, Entertainment, and Recreation
  • 500 SF
  • -
  • Single Net
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Body Works Therapeutic Massage Services 500 SF - - -
Melissa Shear Madness Services - - - -
REVIVE COLLECTABLES Arts, Entertainment, and Recreation 500 SF - Single Net -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HOPK-000025-000000-000299
Land Assessment
$116,334 CAD
Improvements Assessment
$483,809 CAD
Total Assessment
$600,143 CAD
  • Listing ID: 35922303

  • Date on Market: 2025-05-20

  • Last Updated:

  • Address: 211 Main St, Ashaway, RI 02804

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