Bay Spring 64 Bay Spring Ave 3,992 SF Retail Building Barrington, RI 02806 $1,814,696 CAD ($454.58 CAD/SF) 3.57% Cap Rate

Prime location, very rare opportunity to own a free standing commercial building in the Town of Barrington. Ideal investment for either a business owner operator or a passive investor. Former childcare business occupied this building for 30 years, ideal to reopen as same type of business. Large open interior allows for many different types of business to easily occupy the space. Set up as a single tenant location positioned perfect for a NNN lease. Buyer has full flexibility as there is no current lease in place. The Building is constructed of concrete block, has a flat rubber roof, a wood frame addition along with all new HVAC units was installed just several years ago. Connected to town water, sewer, and gas. Plenty of electric panels to power most any uses. Lots of paved parking along with an overflow parking area in the back of the property that could serve as another use. Land abuts the East Bay Bike Path connecting Providence to Bristol. Medium traffic count, assisted living, marinas, self storage and office buildings within the same block. The building is in excellent condition, turn key investment for passive rental income or to operate your own business from.