655 Killingly StJohnston, RI 02919

Property Details for 655 Killingly St

Year built

1840

Lot size

0.25 AC

Property size (Sq ft)

3,117 SF

Zone code

B2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

JOHN M:0014 L:065

APU

JOHNM0014L065

Description

This exceptional office space, located at 655 Killingly Street, Unit 1, in Johnston, Rhode Island, presents a fantastic opportunity for businesses seeking a prime location. The property, built in 1900, is a single-unit office space within a larger building situated on a substantial 10,275 square foot lot. The unit itself offers approximately 760 square feet of well-designed space, perfect for a variety of professional uses. The property boasts high visibility, ensuring excellent exposure for your business. Convenient features include ample parking and a handicapped-accessible ramp, promoting accessibility and convenience for clients and employees. The interior layout includes two separate office spaces, each with a half-bath, separated by a large entry hallway. The owner is open to removing the dividing wall to create a larger, more open office space if needed. All utilities are included in the monthly lease price of $1,200. This property is easily shown and ready for immediate occupancy. The property is classified as Traditional Office, Business, and Specialty Services. Don't miss this chance to secure this ideal office space in a desirable Johnston location.

• CAP approach

  CAP return

  Valuation

  6%

  $515,333

  6.5%

  $475,692

  7%

  $441,714

• Comparable approach

  Method

  Valuation

  Relative Method

  $407,267

  Geo Method

  $407,267

• Alternative Use

  Use

  Valuation

  Residential

  $589,858

  Hospitality

  $540,307

  Educational

  $449,529

  Medical

  $464,989

  Retail

  $699,268

Location Insight

City

Johnston

County

Providence

State

Rhode Island

Latitude

41.8305

Longitude

-71.473

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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