6 Blackstone Valley PlLincoln, RI 02865

  • Other commercial real estate
  • 1,500 SF
For Sale
$1,195,000 View listing

Property Details for 6 Blackstone Valley Pl

Year built
1986
Property size (Sq ft)
1,500 SF
Zone code
ML05
Property type
Other commercial real estate
APN
LINC M:30 L:056.0 U:306A
APU
LINCM30L0560U306A

Description

This exceptional 7,600 square foot commercial condominium unit, located at 6 Blackstone Valley Place, Unit 301, in Lincoln, Rhode Island, presents a unique investment opportunity. The property is a single-level space comprised of two efficient units (301 and 301A) ideally suited for a variety of commercial uses. Situated just off George Washington Highway, the property benefits from high visibility and ample parking. Each unit features a reception area with administrative space, an executive wing, several private offices, restrooms, a kitchenette, substantial storage, and large conference rooms. Unit 301, currently available, includes nine exam rooms, each equipped with a sink, cabinets, and counter space, making it particularly well-suited for medical practices. All existing furniture and medical supplies are negotiable. The property's strategic location offers easy access to Interstate 295 and Route 146, placing it within minutes of the Lincoln Mall, various national retailers, schools, restaurants, Bally's Hotel and Casino, and other amenities. The monthly association fee of $2,400 covers exterior maintenance, water, sewer, and master insurance. This property offers a compelling combination of size, location, and versatility, making it an ideal choice for businesses seeking to expand or relocate. The 0.17-acre lot provides ample space for parking and convenient access.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $283,859
    Hospitality
    $260,013
    Educational
    $216,328
    Medical
    $223,768
    Retail
    $336,510
6 Blackstone Valley Pl, Lincoln, Rhode Island

Location Insight

City
Lincoln
County
Providence
State
Rhode Island
Latitude
41.9363
Longitude
-71.4558
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,157
-
$159,700
$159,700
-
-
-
-

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